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Five years rent guarantee on block of 5 flats - £350K at 8% gross yield.

A newly refurbished investment opportunity on the outskirts of Bradford city centre.

Call us - 0113 487 5745
Email: hello@theblockbuyingcompany.co.uk

Five years rent guarantee on block of 5 flats - £350K at 8% gross yield.

A newly refurbished investment opportunity on the outskirts of Bradford city centre.

Watch the area of this property

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ENQUIRE HERE

Enquire today and don’t miss out on this investment opportunity !

Investment Summary

Collectively, the apartments produce £28,600.00 per year.

# Otley Road, Bradford, is a collection of five studio and one-bedroom apartments currently undergoing refurbishment (completion September 2022) situated on the outskirts of Bradford city centre.

# The apartments are split across the configuration of two studio apartments and three one-bedroom apartments.

# The city centre outskirt location is perfect for those who want to be close by, but not living directly in the city itself.

# Collectively, the apartments produce £28,600.00 per year.

# There is a laundry room and storage room on the ground floor.

Investment Summary

This property is a collection of 11 clusters consisting of 57 units

# The block consists of 29 en-suite rooms and 28 non- en-suite rooms. 

# In current standards, with en-suite rooms priced at £100 pw and non en-suite rooms priced at £90 pw, the incoming rental when fully let would be £281,840 giving you a gross of 14% yield.

# There is potential to further increase rents for the right investor by updating the accommodation.

# A development exclusive for student occupants in one of the most popular student areas in the North East,

# A prime location for occupants, featuring a wealth of nearby amenities and excellent transport links across the region. 

# A 5 min walk to the train station and 10 min walk to the University campus makes this investment ideal.

Investing in Bradford

Overview

Bradford is a major multicultural hub with a particular emphasis on digital success. The economy has faced significant hardships, yet the dominant resilience of the city means it is currently healthy, strong and growing. Over recent years, the popularity of investing in Bradford has increased significantly. Property prices are far less than those found in cities in the south of the country and its neighbouring city, Leeds. De-industrialisation took a heavy toll on Bradford’s economy, only for it to now have one of the strongest economies in West Yorkshire. The Bradford District Economic Strategy is a commitment to the city aimed to grow its economy by £4bn, introducing 20,000 more people to work and improving the skills of 48,000 residents. 
Bradford is commonly featured in a number of “outside London” publications and statistics. It has the tenth largest economy in the UK (including London) at £11.5bn, and the third largest in the Yorkshire and Humber region, except Leeds and Sheffield. The city is a diverse and vibrant place to visit, with widely recognised attractions such as the National Science and Media Museum. Sunbridge Wells is the perfect socialising destination. There are plenty of great historical attractions such as the Bradford Police Museum, the nearby Shipley Glen Tramway, the beautiful walk through Lister Park, and the charming Saltaire Village
Bradford is commonly featured in a number of “outside London” publications and statistics. It has the tenth largest economy in the UK (including London) at £11.5bn, and the third largest in the Yorkshire and Humber region, except Leeds and Sheffield. The city is a diverse and vibrant place to visit, with widely recognised attractions such as the National Science and Media Museum. Sunbridge Wells is the perfect socialising destination. There are plenty of great historical attractions such as the Bradford Police Museum, the nearby Shipley Glen Tramway, the beautiful walk through Lister Park, and the charming Saltaire Village

Location and transport

Bradford is just under ten miles west of Leeds, nestled between the neighbouring city as well as the beautiful hills of the Peak District. Huddersfield can be driven to in just under 30 minutes, whilst Manchester and York can be reached in 50 minutes (to the West and East respectively). Regular bus connections across the city centre reach out to the surrounding villages and towns, with rail connections available to major nearby cities, as well as London in just under two and a half hours. 
By Rail:
Leeds - 19 min
London Kings Cross - 2 hr 29 min
Manchester Victoria - 54 min
Skipton - 38 min
Times taken from National Rail Enquiries
By Air:
Leeds Bradford Airport is just under 9 miles from Bradford, serving many popular holiday destinations across Europe. Manchester Airport is just over 50 miles away and serves an extensive number of holiday destinations in addition to major hubs across the world such as New York, Dubai, Doha, Abu Dhabi, Toronto, and also connections to London Heathrow .

By Rail:
Leeds - 19 min
London Kings Cross - 2 hr 29 min
Manchester Victoria - 54 min
Skipton - 38 min
Times taken from National Rail Enquiries

By Air: 
Leeds Bradford Airport is just under 9 miles from Bradford, serving many popular holiday destinations across Europe. Manchester Airport is just over 50 miles away and serves an extensive number of holiday destinations in addition to major hubs across the world such as New York, Dubai, Doha, Abu Dhabi, Toronto, and also connections to London Heathrow

Your new investment

This property is undergoing a major refurbishment and is due to be completed by the end of September 2022.
This thorough process will ensure everything is newly fitted and presented to the standards, making it a contemporary, functional and desirable place to live. The location is ideal for those who don’t want to be directly in the city centre but within an easy and accessible distance from it. It is situated just off Peel Park, a pleasant space for a gentle stroll or to unwind in the sun
There are plenty of nearby amenities for the benefit of occupants and the property can prove popular with those happy to commute into Leeds but live in Bradford for the more affordable rents. The building is split into two studios and three one-bedroom apartments, each currently achieving a rental figure of £110 per week. Higher rents can be achievable on the completion of the full refurbishment, which will add to the property's value.
There are plenty of nearby amenities for the benefit of occupants and the property can prove popular with those happy to commute into Leeds but live in Bradford for the more affordable rents. The building is split into two studios and three one-bedroom apartments, each currently achieving a rental figure of £110 per week. Higher rents can be achievable on the completion of the full refurbishment, which will add to the property's value.
Expression of interest sought at £1.98M and above
Five years rent guarantee on block of 5 flats - £350K at 8% gross yield.

ENQUIRE HERE

Enquire today and don’t miss out on this investment opportunity !

Expression of interest sought at £1.98M and above
Expression of interest sought at £1.98M and above

ENQUIRE HERE

Enquire today and don’t miss out on this incredible offer!


TRUSTED MEMBERS OF 

The Block Buying Co Reg No: 06712002
Office Address 10-12 East Parade, Leeds, LS1 2BH- By appointment only

Tel: 0113 487 5745  |  Privacy Policy

Expression of interest sought at £1.98M and above
Expression of interest sought at £1.98M and above

ENQUIRE HERE

Enquire today and don’t miss out on this incredible offer!

Five years rent guarantee on block of 5 flats - £350K at 8% gross yield.
Expression of interest sought at £1.98M and above

ENQUIRE HERE

Enquire today and don’t miss out on this investment opportunity !


TRUSTED MEMBERS OF 

The Block Buying Co Reg No: 06712002
Office Address 10-12 East Parade, Leeds, LS1 2BH- By appointment only

Tel: 0113 487 5745  |  Privacy Policy