Integritas Property Group (IPG), an ethical property developer based in the North West, has launched its second phase of the ‘Bijou’ project. Following the completion of the first phase, ‘Optima’ has been designed to capitalise on its location in the heart of Bradford city centre.
Designed for student accommodation, Optima will host a total of 54 student pods and 4 accessible studios.
Speaking on its investment in Bradford city centre, Integritas Property Group founder and Managing Director Mitchell Walsh said: “Bradford is the tenth largest city economy in England, worth an estimated £11.6 billion, so it’s a great area to concentrate on regenerating. It’s a well-connected city with direct rail access to London and has been awarded the UK City of Culture for 2025.
“Over the coming few years, the city will see a whole host of redevelopment with the local authority planning to improve large areas of the centre, following a £20 million grant from the UK Levelling Up fund. The rental yield in Bradford also sits at 6%, which is 2.4% higher than the national average, making it a great time to invest in the area.”
Construction of the new Optima site will start in June 2023, with the expected first completion in June 2024.
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