ntegritas Property Group (IPG) will start work on a 198-home development in Liverpool in the final quarter of 2024.
Portside Place will be a buy-to-let scheme located on Sefton Street just south of the city centre. A mix of one and two-bedroom apartments across two blocks, IPG claims the project will offer anticipated rental returns of 6.35%.
It adds that residents of Portside Place will have access to a host of amenities, from landscaped gardens and communal spaces to a fitness facility and secure parking.
In early May IPG told LBN it intended to double the number of completed properties in its portfolio by 2028 with a total development value of £150m. It said it is set to complete 422 residential units this year.
If work does start on Portside Place towards the end of this year it is expected it will be completed by the second quarter of 2026. Big Red Construction is the main contractor with architectural design by NC Architects.
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