St Paul’s Square fully sold
Four years after the building was finished, the last of 50 apartments in St Paul's Square, Liverpool has been sold.
The residential block was part of the first phase of the project off Old Hall Street developed by English Cities Fund, the joint venture between Legal & General Property, Muse Developments and the Homes & Communities Agency.
When construction work started in November 2005 the price range was from £150,000 for a one-bedroom flat to £270,000 for two bedrooms. By the end, prices ranged from £95,950 to £170,000.
After the recession, 12 of the properties were offered through the government's Homebuy Direct Scheme with a further seven available through Muse's own shared equity scheme.
Martyn Green, director of marketing agent Jones Lang LaSalle, added: "During the hardest economic years in recent history we have achieved what seemed like an impossible dream by selling the entire stock at St Paul's Square at a time when many purchasers had deserted the housing market. It's a real credit to the team – they saw there was good interest in a great product and kept selling right through to the very last unit. Both Muse Developments and the team here at JLL are over the moon as it brings the development to a close on a real high."
The residential element wraps around a multi-storey car park. St Paul's Square also contains three office buildings.
