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Agent details

This property is listed with:
Property Webwise Ltd
290 Elgin Avenue, London
Telephone:
020 7121 8000
 

Full Details for Property for sale in Bradford, BD1 :


The Grand Mill is a conversion of a Victorian textile mill, one of Bradford's historic buildings. The building is located within the Goitside Conservation Area, an area of special architectural & historic interest in Bradford.  Established in 1966 and boasting 13,889 students, Bradford University is ranked in the Sunday Times Top 20 for graduate level employment and with 22% of students coming from overseas the demand for rental accommodation is huge. The University campus is 0.4 miles from The Grand Mill making this an ideal location for students to live. All en-suite rooms com fully equipped and are finished to a very high standard and are all currently tenanted, bringing in a gross rental in excess of £4,600 per anum. 
The Development is managed by Priestly & Co who ensure a high level of occupancy with a hassle free fully managed service.

Investment Details
En-suite pods for just £39,000 
8% NET yield 
Tenanted 
Defined exit strategy 
Converted Victorian Mill 
Fully managed by a specialist local operator 
0.4 miles to University of Bradford 
0.4 miles to Bradford College 
37,000 students in Bradford 
Leasehold tenure 
£1,000 to reserve 
Conveyancing fees £700 + VAT + disbursements 

Property Spec:
63 student rooms 
En-suite shower room 
Fully furnished 
Small double bed 
Desk & chair 
Wardrobe 
Wall mounted television 22\" 
Luxury specification 
Kitchen & lounge for each cluster of rooms 

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House Prices for houses sold in BD1 2PF

Stations Nearby

Schools Nearby

Meadowcroft School
1.3 miles
Bradford Grammar School
1.4 miles
Coral College for Girls
0.6 miles
Green Lane Primary School
0.5 miles
Springwood Community Primary School
0.5 miles
Al Mumin Primary School
0.4 miles
International Food and Travel Studio
0.3 miles
Bradford College
0.3 miles
Dixons Trinity Academy
0.6 miles