4 Jun

Bradford apartments in bargain offer

Bradford apartments in bargain offer

Affordable housing looks set to become a reality in West Yorkshire with new apartments from £55,000.

The Beehive in Bradford is a £65 million mixed-use scheme featuring 517 apartments, as well as retail and commercial space.

McGinnis Developments, the company behind the project, has hailed the low prices as the start of a new age of cut-price property across the country, claiming the price tag is the lowest for a new home in Yorkshire in seven years.

John Paul McGinnis, the firm's development director, says: "We are giving the market a much-needed flagship residential scheme at prices that offer a much-needed affordability."

The first phase of the venture - comprising 185 studios, one and two bedroom flats - will launch later this week.

The managing director of SmartNewHomes.com recently predicted apartment prices will eventually bounce back in the north following oversupply problems, after saying this has already happened in the south-east.

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