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Studio for sale

£49,900 From

Great Horton Road, Bradford BD7

1 1
Interested in this property? Call +44 1952 476892 * or

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Property features

  • **Investment Opportunity**
  • Student Accommodation
  • 7% Rental Guarantee For 7 Years
  • Fully Managed Hands Free Investment

Property description

Detailed Description

Gloucester house student accommodation

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!

With the rental guarantee of an outstanding 7 years to all purchasers at 7% net, this investment is situated only a few steps from Bradford university. Its prime location makes this development a hot spot for students.

Each contemporary en-suite is fully furnished and completed to the highest specification based in the heart of Bradford's student village and is adjacent to both the University of Bradford and Bradford College. Bradford University has been discovered as one of the uk's top ten university to study medicine, pharmacy and physiotherapy and is the third best to study Ophthalmic.


Purchase plan


10% of purchase price on booking/reservation.

90% once contracts are signed - whole process to take 30 days.


Property features


* On-campus location

* 7% assured net rental returns for 7 years inclusive of the management charge £850 and ground rent £500.

* Fully built development and tenanted since 2011

* A property investment with 100% Occupancy

* Safe, secure, hands free investment

* An investment offering income from Day 1

* University of Bradford - only few steps away

* Bradford College - 0.3 miles

* Bradford College Trinity Green & McMillan Campus - 0.4 miles

* Bradford Metropolitan College - 0.4 miles

* Kings Science Academy- 1.0 miles

* Dixons City Academy- 1.1 miles

* Challenge College- 2.1 miles

* University of Bradford School of Management- 2.3 miles

Property info

Market activity
Average price paid £94,616 Sales 244 Current average value £103,891 (Zoopla Zed-Index) Value change £2,781 ▲ 2.75%

Property value data/graphs for BD7

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £189,023 £139 3.6 £137,375
Semi-detached £119,705 £142 3.2 £107,961
Terraced £88,231 £106 3.1 £81,688
Flats £60,274 - 1.8 £43,816

Current asking prices in BD7

Average: £114,845
Avg. current asking prices in BD7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £46,389
(5)
£75,678
(23)
£115,347
(60)
£132,026
(34)
£196,238
(8)
Flats £59,070
(11)
£69,983
(3)
- - -
All £55,107
(16)
£75,021
(26)
£115,347
(60)
£132,026
(34)
£196,238
(8)

Current asking rents in BD7

Average: £428 pcm
Avg. current asking prices in BD7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £317 pcm
(13)
£416 pcm
(24)
£501 pcm
(10)
£583 pcm
(13)
-
Flats £346 pcm
(37)
£546 pcm
(13)
£696 pcm
(7)
£492 pcm
(4)
-
All £338 pcm
(50)
£462 pcm
(37)
£581 pcm
(17)
£561 pcm
(17)
-

Fun facts for BD7

Highest value in BD7
Highest value streets Zed-Index
Penrose Drive £221,838
Royal Close £216,782
Snape Drive £194,786
Hollybank Road £192,892
Ashgrove £189,298
Highest turnover in BD7
Highest turnover streets Turnover
Summer Hill Street 47.6%
Hindley Walk 41.7%
Carnaby Road 36.4%
Woodvale Grove 33.3%
St. Wilfrids Close 31.2%

What Zoopla users think of Great Horton

Overall rating:

  • currently 3.5 stars
Good - 67% (36 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:

Tell us what you think of this area by rating these categories.
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 (0.8 miles)
  • Bradford Forster Square (0.9 miles)
  • Frizinghall (2.2 miles)
  • Leeds Bradford International Airport (7.0 miles)
  • Manchester International Airport (36.5 miles)
  • Robin Hood Airport (38.2 miles)
  • Heysham Ferry Terminal (49.5 miles)
  • Knott End-On-Sea Ferry Landing (51.0 miles)
  • Fleetwood for Knott End Ferry Landing (51.3 miles)

Nearby schools

View all schools in Bradford
  • Copthorne Primary School (0.2 miles)
  • All Saints Church of England Primary School (0.3 miles)
  • Dixons Music Primary (0.4 miles)
  • Bradford College (0.4 miles)
  • One In A Million Alternative Education (1.2 miles)
  • Training and Skills Centre (1.3 miles)
  • Dixons McMillan Academy (0.2 miles)
  • Dixons Trinity Academy (0.4 miles)
  • Elite Grammar School (0.5 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
Nu:Move International, TF2 on +44 1952 476892 * (local rate)

Monthly running costs Beta

£344 Monthly total
Mortgage
Purchase price
Deposit (10%) 4,990
Repayment term 25
Interest rate 1.5
Your payment £179 /mo How Much Could I Borrow

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 £21 Electricity £22 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.

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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 Nu:Move International, and do not constitute property particulars. Please contact Nu:Move International 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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