Latest phase of Norris Green housing begins

Regeneration Liverpool, the asset-backed vehicle between Liverpool City Council and Sigma Inpartnership, has announced the third phase of its £100m housing development.

Countryside Sigma, a joint venture between Countryside and Sigma Inpartnership, will build the homes.

So far, 115 homes have been completed at Norris Green Village with construction of phase three due to start on site in December.

The development off Heathwaite Crescent will comprise a mix of two, three and four bedroom houses. Twenty will be so-called affordable units and 43 will be sold at full private value. A selection of the three and four bedroom homes will feature garages.

As with earlier phases, the development will have a shared equity product to assist first-time buyers. The shared equity value will be released when the first purchasers sell, or after 10 years, whichever happens first.

Graeme Hogg, director of Sigma Inpartnership, said: "The regeneration is building real momentum now and we are delighted that the renewed confidence in the area is reflecting itself so positively in the form of new house sales."

Ian Simpson, land director at Countryside, said: "The first two phases at Norris Green Village have been extremely popular with all of the private homes having now been sold.

"We are confident that the sales on the third phase will be just as successful and we look forward to seeing the homes going up and more families moving in to the area."

Cllr Ann O'Byrne, the city council's cabinet member for housing and chairman of Regeneration Liverpool, said: "The Regeneration Liverpool partnership is presenting really exciting opportunities for us to build a better future for our communities, and the massive progress being made in Norris Green is a shining example of that."