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Studio for sale

£57,200 From

Thornton Road, Bradford BD1

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

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Property features

  • Standard Studio Apartment from £57,200
  • Executive Studio Apartment £79,200
  • Brand new luxury development
  • 7% Net guaranteed rental returns for 5 years.
  • 5% p.A. Interest on all deposits until practical completion
  • 999 Years Leasehold

Property description

Detailed Description

Platinum one standard studios from £57,200 excutive studios from £79,200

Platinum One is a brand new luxury development close to the city centre of Bradford and the University of Bradford comprising of studios, 1 bed, 1 bed duplex and 2 bed duplex apartments. These contemporary units are fully furnished to a high luxury specification with commercial units on the ground floor. The building occupies a prominent position on Thornton Road, within walking distance to the city centre and the University and College. The location is perfect for the student market which will enable the development to achieve prime rents and nil voids.

Platinum One is an opportunity to invest in one of the uk's largest districts with a current growth rate of over 11% compared to the national average of only 7%.


Investment overview


O 7% Net guaranteed rental returns for 5 years. (Excluding Ground Rent of £300 per annum)

o 5% p.A. Interest on all deposits until practical completion.

O Service Charge: 16% of the rent collected (Waived during the 5 year grr period).

O Management Fee 4% of the rent collected (Waived during the 5 year grr period).

O Ground Rent £300 per annum

o 999 Years Leasehold


Unit specification

bedroom


O Double Bed

o Wardrobe

o Storage

o Contemporary work station

o Contemporary bathroom


Kitchen


O Bespoke Designer Kitchen

o High specification cooking and storage facilities


Lounge


O LCD TV

o Coffee Table and Sofa

o Laminated wood flooring


Additional


O 24hr on site security with CCTV

o Vending machines

o High speed Internet

o Cafe and retail outlets downstairs

payment structure:

O 60% upon exchange.

O 20% on 1st August, 2017.

O 20% upon project completion.

Property info

Market activity
Average price paid £57,949 Sales 48 Current average value £132,183 (Zoopla Zed-Index) Value change £144 ▲ 0.11%

Property value data/graphs for BD1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £179,746 - 5.0 -
Semi-detached £331,472 - 4.0 £150,000
Terraced £149,212 £100 4.7 £71,833
Flats £128,784 £186 1.6 £54,911

Current asking prices in BD1

Average: £58,972
Avg. current asking prices in BD1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - - - -
Flats £46,895
(58)
£82,719
(19)
£97,475
(2)
- -
All £46,895
(58)
£82,719
(19)
£97,475
(2)
- -

Current asking rents in BD1

Average: £490 pcm
Avg. current asking prices in BD1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £409 pcm
(11)
£613 pcm
(2)
- - £1,278 pcm
(1)
Flats £428 pcm
(132)
£603 pcm
(99)
£759 pcm
(8)
- £1,278 pcm
(1)
All £426 pcm
(143)
£603 pcm
(101)
£759 pcm
(8)
- £1,278 pcm
(2)

Fun facts for BD1

Highest value in BD1
Highest value streets Zed-Index
Ivegate £244,750
Hallfield Road £175,774
Peckover Street £170,661
Spring Gardens £168,674
Stone Street £162,022
Highest turnover in BD1
Highest turnover streets Turnover
Scoresby Street 17.1%
Upper Millergate 12.5%
Upper Park Gate 9.1%
Darfield Street 9.1%
Hallfield Road 8.0%

What Zoopla users think of Bradford

Overall rating:

  • currently 2.5 stars
Average - 50% (695 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 Bradford:

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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 Forster Square (0.4 miles)
  • Bradford Interchange (0.5 miles)
  • Frizinghall (1.8 miles)
  • Leeds Bradford International Airport (6.5 miles)
  • Manchester International Airport (37.0 miles)
  • Robin Hood Airport (38.1 miles)
  • Heysham Ferry Terminal (49.8 miles)
  • Knott End-On-Sea Ferry Landing (51.3 miles)
  • Fleetwood for Knott End Ferry Landing (51.6 miles)

Nearby schools

View all schools in Bradford
  • Dixons Music Primary (0.5 miles)
  • Dixons Manningham Academy (0.6 miles)
  • Green Lane Primary School (0.6 miles)
  • Bradford College (0.2 miles)
  • One In A Million Alternative Education (0.8 miles)
  • Training and Skills Centre (0.8 miles)
  • The Home Study Project Co Pakistan Community and Neighbourhood Assoc (0.4 miles)
  • Elite Grammar School (0.4 miles)
  • Dixons McMillan Academy (0.5 miles)
Note: Distances are straight line measurements

Local info for Bradford

About the neighbours in BD1

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

£269 Monthly total
Mortgage
Purchase price
Deposit (10%) 5,720
Repayment term 25
Interest rate 1.5
Your payment £205 /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.

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

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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