Manningham Housing Association (MHA) has bought five new-build detached homes in Eccleshill, Bradford for £1.1m.
These properties, two three-bed and three four-bed houses, mean MHA now owns all 24 homes at the One Meadow development on Victoria Road.
The total investment for the scheme stands at £5m, delivered with Zentra Group and backed by Homes England and Bradford Council.
The One Meadow scheme includes two, three and four-bed semi-detached and detached houses, plus a townhouse.
It is located two miles north-east of Bradford city centre, close to schools, a health centre, sports facilities and supermarkets.
The homes, built by Jack Lunn Construction, have a reduced carbon footprint and are expected to have at least a B energy performance rating.
John Kent, director of finance and resources at MHA, said: “We are thrilled to secure full ownership of this stunning new development.
“This would not have been possible without ongoing support from Homes England, Bradford Council, our dedicated staff, board members, investors, our partnership with Zentra Group and, most importantly, our customers.
“It is located in an established local community with a robust identity and reliable communal services, ensuring a high quality of life for its residents.”
Kent added: “The proximity to existing MHA housing stock and the high demand for housing in the area contribute to the long-term viability of the project for current and future generations.”
Rupert Pometsey, chair at MHA, said: “Acquiring the entire One Meadow scheme underscores our deep resolve to support local communities in Bradford.
“We are dedicated to ensuring that every individual and family we serve feels valued and supported.
“These new properties represent another major step forward in achieving that goal.
“The development not only expands our housing stock but reaffirms our dedication to being the landlord of choice, providing secure and comfortable homes at an affordable cost.”
