Buy to Let Apartment in Bradford City Centre

by Property Hotspots

10:34 AM, 19th October 2016
About 2 years ago

Buy to Let Apartment in Bradford City Centre

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Buy to Let Apartment in Bradford City Centre

bradford exteriorThe last remaining unit is available to investors in a refurbished period building located in Bradford city centre. Market Place benefits from being within easy reach of many of Bradford’s amenities, including The Broadway shopping centre, Bradford’s shopping district and transport links. The apartments have been refurbished to a high standard, perfect for the young professional working in the city who wants easy access to all Bradford has to offer.

The unit is selling at £57,000 for a one bedroom apartment, whereas the guide price for the area is £65,000. This provides investors an excellent opportunity to benefit from a low entry point investment that has scope for excellent capital growth. In 2014 property prices in Bradford increased by an astounding 11%, and as the city centre experiences regeneration prices are only expected to increase.

Market Place Bradford Investment Facts:bradford map

  • Refurbished period building in city centre
  • Stylish apartments suitable for professionals
  • Below market value price £57,000
  • Area guide price £65,000
  • Rental Income £6,000 per annum approx.
  • Ground Rent £349
  • Service charge £800
  • Management Fee £480
  • Net Income £4,371

This is the perfect investment for an individual who is looking for good capital growth at a low entry point.



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