0 bed Block of flats (for sale) Cornwall Terrace, Bradford BD8

£500,000
Add to Basket Basket Looks Interesting
agent logo
Urban Soul Property
Onward Chambers, 34 Market Street, Hyde
0161 506 8249
First Published

12th Jul 2021

Last Published

4th Oct 2021

 

Features

  • Type: Block of flats
  • Bedrooms: 0
  • Listing status: sale
  • Country: England

Description

***residential planning for 26 apartments now approved*** 18 x Studios & 8 x 1 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. (plans enclosed - approved)

option 2: 32 x Student pods at £75 per week equates to circa £115K per annum. 32 x Student pods (plans enclosed - awaiting approval)

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.

Call now!

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

Floor plan

 

Property Value Data/Graphs for BD8

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Terraced house 55.7% £116,551 3.2 1.2
Semi-detached house 19% £174,460 3.3 1.5
Flat 5.1% £54,238 2 1.5
Other 5.1% £93,188 1.3 0.5
Detached house 3.8% £385,000 4.3 2.7
Cottage 2.5% £115,000 2 1
End terrace house 2.5% £124,975 4.5 1
Land 1.3% £200,000 0 0
Town house 1.3% £95,000 2 1
Bungalow 1.3% £395,000 6 3
Semi-detached bungalow 1.3% £175,000 3 0
Block of flats 1.3% £500,000 0 0

Area Information

Average Price Paid

£100,164

Sales

980

Current Average Value

£143,478

Value Change

£43,314 43.2%

 

Current Asking Prices in BD8 Average: £143,478

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £60,000 (1) £91,331 (21) £122,502 (21) £159,867 (20) £299,000 (5)
Flats - £54,238 (4) - - -
All £60,000 (1) £85,396 (25) £122,502 (21) £159,867 (20) £299,000 (5)

Nearby Properties

0 bed Block of flats () Laisteridge Lane, Bradford BD5 £5,000,000
0 bed Land () Dennis Bellamy Halls, Laisteridge Lane, Bradford BD5 £5,000,000
1 bed Land () Hipperholme, Halifax HX3 £4,000,000
8 bed Detached house () Scotland Lane, Horsforth, Leeds LS18 £3,500,000
7 bed Detached house () Hillings Lane, Menston, Ilkley, West Yorkshire LS29 £2,750,000
Property information powered by Zoopla