8

Net Yield

2

Rent Guarantee

65000

Prices From

PARK HOUSE BRADFORD - LUXURY RENOVATION PROJECT IN BRADFORD CITY CENTRE

THE DEVELOPMENT

The Residence at Park House Bradford is a refurbishment development scheme providing an essential living environment for the people of Bradford.

The scheme consists of 59 individual residential units split into studios, one bedroom and two bedroom apartments. The developer is offering a 2 year rental guarantee on all unit sizes.

Redevelopment works include a complete overhaul of the building’s façade and the installation of feature lighting throughout. The building will retain its unique styling in line with the architect’s original contemporary and  minimalist vision.

CITY CENTRE LIVING

Park House is perfectly suited for tenants looking to live in the city centre. They will be on the door step to the brand new £260 million Broadway shopping centre, some of the city’s best bars and restaurants and a short walk away from the University of Bradford.

The development offers the best high-end accommodation in the area along with a fantastic location, thereby appealing to tenants who are looking for quality apartments. Based on the city’s strong demand for private rented accommodation there is an anticipation for extremely high demand from culturally aware young professionals in the city centre.

Fact Sheet:

  • Address: 57 – 59 Well Street, Bradford, West Yorkshire. BD1 5PS
  • Rental assurance: 8% net for 1st 2 Years
  • Property management: Mason Owen
  • Tenure: 250 years
  • Number of units: 59
  • Apartment size: Studio – 22-27m2 | 237-291sqft, One bed – 37m2 | 98sqft
    Two bed – 50-61m2 | 538-656sqft
  • Expected completion: Q4 2018
  • Car park: £7,500 (Optional)
  • Service charge: £50 PCM
  • Ground rent: £250 per annum
  • Furniture: (VAT Included)
    Studio – £2,650
    One Bed – £2,850
    Two Bed – £3,850

PRICES

  • Studio – from £65,000, size from 237 ft2
  • 1 Bedroom – from £91,500, size from 398 ft2
  • 2 Bedroom – from £106,500, size from 538 ft2

PAYMENT PLAN

  • Reservation Fee: £5,000.00
  • Payment Plan: 30% – 70%
  • Completion: Q4 2018
  • 8% ROI guaranteed for 2 years
  • Parking and Furniture packs available.

DETAILED FINANCIALS

  • Purchase Price £65,000
  • Reservation Fee £5,000
  • 1st Exchange – 30% (less reservation) £14,500
  • Balance on Completion £45,500
  • Net Cash Return @ 8% £5,200

back to Bradford Investment Property

LOCATION

Why Invest in Bradford?

For lifestyle, Bradford has it all; from the first UNESCO city of film; Michelin star restaurants; award winning museums and galleries to stunning Yorkshire countryside.

Bradford is large, young and growing. With it’s unrivalled location at the heart of the UK, skilled workforce, world renowned University and competitive property prices, it’s no surprise Bradford is a major headquarter destination in
the North.

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  • Full Investment Pack
  • Current Availability Report
  • Payment Options
  • Reservation Documents

You can simply call and speak with your expert Portfolio Manager on +44 (0) 207 097 5107. If you prefer to email or would like us to call you back please fill out the enquiry form.

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