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Studio for sale

£57,900

Rand Street, Bradford BD7

1
Interested in this property? Call 020 8128 0216 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • 7% net assured for 7 years
  • Completed and Tenanted
  • 100% Occupancy
  • Fully Managed and Hands Off

Property description

This student investment property is an existing fully built & operational development with 100% occupancy, returning a 7 year assured 7% net annually, resulting in this being a fantastic opportunity for investors to enter the lucrative Bradford property market and start receiving income from the very start of their ownership!

This development is situated only a few steps from Bradford university, its prime location making this development a hot spot for students.

What do I get?

- Selection of high spec En-Suites
- 7% net for 7 Years
- Fully managed and tenanted
- Immediate income
- Furniture included
- Wifi
- No stamp duty!
- Adjacent to both University of Bradford and Bradford College.
- Bradford University ranked one of the uk's top 10 Universities to study Medicine, Pharmacy and physiotherapy.

If you are interested in a low priced cash investment that you wish to see immediate returns on then this option could be suitable for you.

Please get in touch so we can help further.
Market activity
Average price paid £94,122 Sales 233 Current average value £101,141 (Zoopla Zed-Index) Value change £2,658 ▲ 2.70%

Property value data/graphs for BD7

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £184,715 £141 3.6 £149,182
Semi-detached £118,642 £140 3.2 £107,797
Terraced £84,819 £100 3.1 £80,195
Flats £60,791 - 1.8 £59,500

Current asking prices in BD7

Average: £106,946
Avg. current asking prices in BD7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £50,317
(6)
£73,173
(27)
£111,730
(56)
£130,361
(30)
£219,271
(7)
Flats £51,962
(12)
£69,983
(3)
- - -
All £51,414
(18)
£72,854
(30)
£111,730
(56)
£130,361
(30)
£219,271
(7)

Current asking rents in BD7

Average: £513 pcm
Avg. current asking prices in BD7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £313 pcm
(12)
£410 pcm
(18)
£480 pcm
(10)
£608 pcm
(10)
-
Flats £348 pcm
(32)
£561 pcm
(14)
£686 pcm
(7)
£580 pcm
(5)
-
All £339 pcm
(44)
£476 pcm
(32)
£565 pcm
(17)
£599 pcm
(15)
-

Fun facts for BD7

Highest value in BD7
Highest value streets Zed-Index
Penrose Drive £215,509
Royal Close £211,237
Snape Drive £190,327
Hollybank Road £187,946
Lynch Avenue £184,401
Highest turnover in BD7
Highest turnover streets Turnover
Summer Hill Street 47.6%
Hindley Walk 41.7%
Carnaby Road 36.4%
Cragg Lane 36.4%
Woodvale Grove 33.3%

What Zoopla users think of Great Horton

Overall rating:

  • currently 3.5 stars
Good - 67% (35 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Great Horton:

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Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Bradford Interchange (0.3 miles)
  • Bradford Forster Square (0.5 miles)
  • Frizinghall (2.0 miles)
  • Leeds Bradford International Airport (6.5 miles)
  • Manchester International Airport (37.0 miles)
  • Robin Hood Airport (37.9 miles)
  • Heysham Ferry Terminal (49.9 miles)
  • Knott End-On-Sea Ferry Landing (51.4 miles)
  • Fleetwood for Knott End Ferry Landing (51.8 miles)

Nearby schools

View all schools in Bradford
  • Dixons Music Primary (0.4 miles)
  • Rainbow Primary School (0.4 miles)
  • All Saints Church of England Primary School (0.5 miles)
  • Bradford College (0.1 miles)
  • Training and Skills Centre (0.8 miles)
  • One In A Million Alternative Education (1.0 mile)
  • Elite Grammar School (0.2 miles)
  • Dixons Trinity Academy (0.4 miles)
  • Dixons McMillan Academy (0.4 miles)
Note: Distances are straight line measurements

Local info for Bradford

About the neighbours in BD7

AskMe Q&A for Bradford

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For more information about this property, please contact
Hylife Investments Ltd, E15 on 020 8128 0216 * (local rate)

Monthly running costs Beta

£349 Monthly total
Mortgage
Purchase price
Deposit (10%) 5,790
Repayment term 25
Interest rate 0.5
Your payment £184 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £40,000 Average insurance cost £10/mo (£119/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £19 Electricity £24 Estimated energy cost £43/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6500 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Bradford

Estimated tax band A Council tax cost £91 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £9 Sewerage £12 Estimated water cost £21 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Hylife Investments Ltd about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hylife Investments Ltd, and do not constitute property particulars. Please contact Hylife Investments Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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