Bradford
From £78,000
Gross Yield: 7.8%
In Construction
Est. Q3 2026
Lease Length: 250 Years
A premium collection of 70 studio and one-bedroom apartments, exclusively with North Property Group. Positioned in the heart of Bradford city centre, weaving the city’s heritage with prime investment qualities. The city is known for its rich heritage, particularly in the textile industry, from which Merino Lofts takes its name.
Bradford is an up-and-coming city, undergoing significant regeneration now and in the coming years, meaning prices are lower and expected returns much higher than in some other big cities. With projects leading up to the UK City of Culture 2025, the city is on the cusp of a major cultural and economic renaissance.
Merino Lofts is positioned to meet the growing demand for modern, high-quality development in Bradford, appealing to professionals, students, and investors alike. These spacious, stylish apartments redefine urban living, integrating comfort and elegance into the growing centre of the city.
Merino Lofts offers a rare chance to secure a stake in the future of Bradford – a city poised for substantial growth and cultural significance.
As cities continue to develop and grow, more and more residents are starting to look outside of major cities for cheaper rent, more green spaces, and quieter living. One such ‘spillover’ area is the West Yorkshire city of Bradford, a quiet and leafy city situated just a few miles west of Leeds. For those looking to expand their portfolio in areas that are due for regeneration and a serious population increase, then look no further than Merino Lofts – a much-needed and welcome addition of high-quality and stylish homes to Bradford. These modern homes are nestled right in the beating heart of the city’s centre.
Most premium new build in Bradford
Luxury, loft-style apartments
Fully fitted kitchen with appliances
Reception / concierge counter and parcel drop facilities
24/7 CCTV monitoring system
There are a lot of great things on the horizon for Bradford. It is a prime student city, home to the University of Bradford and Bradford College. It has also recently been recognised as the UK’s city of culture for 2025, attracting more attention than ever before. Before this, a lot of regeneration projects have taken place, and we are delighted to be involved in the next stage of its rejuvenation. A council-led strategy in 2003 sought to create four districts within the city centre. Bradford’s current ‘Economic Strategy 2018-2030’ details plans to grow the city’s economy and invest in the area extensively. Their strategy is expected to create an additional £4 billion for the economy and create 20,000 more jobs – all of which will bring more people. The city has also been enjoying a very steady population increase; in 2020, the population was 541,690 – an increase of 16% since 2000 and higher than the UK’s average of 11% during the same two decades.
Reason to choose Bradford
House prices in Bradford have grown consistently and, in some cases, stronger than the surrounding areas in West Yorkshire. In July 2024, the average house price in the city was £184,000 – up by 6.7% from the previous year. This was noticeably higher than the rise across Yorkshire and The Humber county, which was just 3.7%. Private rents rose by 7.9% within the same period, increasing at a rate 15% higher than Yorkshire’s average.
It’s clear that this unassuming city has a lot of potential for growth and is only expected to see a continual rise, especially as more people come to the city to work and study. Thanks to some pretty important industries in Bradford, the city’s economy is worth £11 billion per year – the 10th largest in the UK.
Merino Lofts is more than just an investment – it’s an opportunity to be part of Bradford’s vibrant transformation. With rising property prices, increasing rental demand, and an ambitious economic and cultural agenda, this exclusive development offers investors the chance to gain early entry into a promising and rapidly growing market. Take advantage of Bradford’s affordable property prices now, as the city continues to grow and attract more residents, ultimately setting it on course to rival neighbouring cities like Leeds and Manchester.
North Property Group is a member of The Property Ombudsman
