MAJOR NORTH LIVERPOOL PROPERTY DEVELOPMENT REACHES PRACTICAL COMPLETION

NEXUS RESIDENTIAL and Legacie

Developments have reached practical completion on a significant North Liverpool property scheme.

City Residence Apartments is a joint venture between Nexus and Legacie comprising 78 one and two-bedroom units across four newly built blocks.

Located on Lemon Street in Kirkdale, upper-floor apartments offer views of Liverpool’s world-famous waterfront and overlook the site of Everton FC’s forthcoming Bramley Moore Dock stadium.

Institutional lender Together, which has worked with Nexus and Legacie on a number of other schemes, has delivered a multimillion-pound funding facility for the project.

The development was promoted by international sales agent, RWInvest, which successfully pre-sold all new homes off-plan.

Michael Gledhill, managing director of Nexus Residential, says: “It’s fantastic the homes on Lemon Street are already fully occupied and this development perfectly illustrates how the Liverpool rental market remains incredibly strong.

“There is a real need for affordable luxury in the city and we have guaranteed these standards with Lemon Street, in an ideal gateway location to reach all areas of the city.

“This has been a major investment which created jobs and regenerated an area of a former brownfield site with quality new homes.

“City Residence Apartments has completed at an exciting time for the north of Liverpool and we are proud to deliver a luxury development in this location.”

John Morley, CEO of Legacie Developments, adds: “Legacie Developments is delighted to once more deliver luxury living in Liverpool.

“This has been an exciting partnership with Nexus Residential and, alongside Together, this investment has helped us bring new life to an important part of a key Liverpool regeneration zone.

“It is a brilliant feeling to hand over keys to new tenants after completing on a development of the highest quality.”