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Luxury Northern Ireland housing scheme close to selling out hours after going on market

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Inside one of the new houses as part of the Moira One development

Inside one of the new houses as part of the Moira One development

Inside one of the new houses as part of the Moira One development

Inside one of the new houses as part of the Moira One development

Inside one of the new houses as part of the Moira One development

The first phase of a new luxury housing scheme in Co Down has sold the majority of the first phase of its homes just hours after being placed on the market.

Moira One is a development of 88 homes on the edge of Moira village, and includes as mixture of detached and semi-detached properties.

And after opening phone lines at 10am this morning, around 15 of the first phase of 17 properties had already been sold.

Northern Ireland’s residential property market has reopened, impacted, like other sectors, by restrictions amid the coronavirus outbreak. There had been concerns that there would be a fall in demand and house prices could also suffer, post-lockdown.

The housing scheme has been developed by Robert Mulligan of Moira Properties and Mayfair Homes.

“We released the scheme this morning at 10am to the market through agents Fetherston Clements and Robert Wilson and by midday we had 12 units sold in phase one, which is 17 units in total, at full asking prices from £200,000 to £340,000,” Mr Mulligan told Ulster Business.

“Agents told us the phones were ringing off the hook and 250 parties registered their interest – the first house agreed was a detached unit at £340,000.”

The contractor for the scheme was DB Contracts, will design by Warwick Mc Cullough of HPA Architects.

Ulster Business