12th Jul 2021
14th Jul 2021
- Type: Block of flats
- Bedrooms: 0
- Listing status: sale
- Country: England
***residential planning for 24 apartments now approved*** 2 additional units in planning - 12 x Studios & 13 x 1 bed and 1 x 2 bed. Once developed the potential to generate substantial revenues could be achieved. Based upon are own projections we forecast the following revenues:
Option 1: 26 x Apartments at £375 pcm equates to £117K income per annum.
Option 2: 32 x Student pods at £75 per week equates to circa £115K per annum.
Bradford Council can offer substantial incentives for this type of accommodation. Full details can be provided on request.
University of bradford & college indicate high demand for purpose built student accommodation!
As can be seen this solid and expansive building & offers many options to the savvy investor along with substantial revenue returns by way of development. This could be via mixed Residential/Commercial and/or Liesure considering its close proximity to Valley Parade - Bradford City football ground.
In short, this is a superb property which offers a fantastic return on investment.
So don't delay: Call today for more details!
Disclaimer - Urban Soul Property believe all the particulars given to be accurate. They have not tested or inspected any equipment, apparatus, fixtures or fittings and cannot, therefore, offer any proof or confirmation as to their condition or fitness for purpose thereof. The purchaser is advised to obtain the necessary verification from the solicitor or the surveyor. All measurements given are approximate and for guide purposes only and should not be relied upon as accurate for the purpose of buying fixtures, floor-coverings, etc. The buyer should satisfy him/her self of all measurements prior to purchase.
Before we can accept an offer for any property we will need certain information from you which will enable us to qualify your offer. If you are making a cash offer which is not dependent upon the sale of another property we will require proof of funds. You should be advised that any approach to a bank, building society or solicitor before we have qualified your offer may result in legal or survey fees being lost. In addition, any delay may result in the property being offered to someone else.
Local info for BD8