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1 bed flat for sale

£55,000

Victoria House - 7 Akam Road, Bradford, West Yorkshire BD1

1 1
Interested in this property? Call +44 20 8128 9868 * or

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Property description

Payment Plan

+ £3,000 Reservation Fee
+ 100% Due on Contract Signing

Investment Overview

Victoria House 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%.

+ 8% net return for 5 years
+ 250 Years Leasehold
+ Rising rental yields
+ Third largest economy in Yorkshire
+ Growing population of over 52,000
+ 37,000 students study in Bradford at any one time
+ Bradford is recognised as being one of the least expensive student cities in the UK, so it offers great value for money
+ Fully Completed and Tenanted

Location

Victoria House occupies a prominent position on Akam Road, a perfect location ideal for students and working professionals with minutes access to the University and the city centre.

University and Colleges

+ Bradford Metropolitan College - 0.6 miles
+ University of Bradford - 0.6 miles
+ Bradford College - 0.5 miles

Transport

+ Forster Square Rail Station 0.5 miles
+ Bradford Interchange Station 0.8 miles
+ Leeds Bradford Airport 6.5 miles
+ Doncaster Sheffield Airport 35 miles
+ Manchester International Airport 35 miles

Attractions

+ National Media Museum - 0.6 miles
+ Saltaire Salt Mills - 3.0 miles
+ Bronte Parsonage Museum - 8.0 miles
+ Westeld, The Broadway- centre at the heart of Bradford
+ Bradford Football Club – Coral Window Stadium 0.6 miles
+ Bradford Ice Arena 0.7 miles
+ Kirkgate Shopping Centre 0.5 miles
+ Forster Square Retail Park 0.5 miles

Key Features

Victoria House, a heritage mill dating back to 1880, is now converted to 62 apartments consisting of 9 en suites, 5 one bed and 48 studio apartments.

Whilst this is high specification luxury residential accommodation, care has been taken to retain many of the building’s original period features.

Each individual studio will feature its own kitchen, bathroom and living space, finished to a superior standard with modern interior – a far cry from the average student accommodation.

+ 62 apartments
+ Furniture Pack Included
+ Each individual studio will feature its own kitchen, bathroom and living space
+ A perfect location ideal for students
+ Located under 1 mile to all 3 major Bradford Universities and colleges

Contact us for more information about Victoria House.

“It's hard to beat a person who never gives up.” - Babe Ruth
Market activity
Average price paid £58,253 Sales 48 Current average value £132,541 (Zoopla Zed-Index) Value change £1,789 ▲ 1.37%

Property value data/graphs for BD1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £180,325 - 5.0 -
Semi-detached £331,477 - 4.0 £150,000
Terraced £148,243 £101 4.7 £61,500
Flats £128,898 £187 1.6 £56,070

Current asking prices in BD1

Average: £62,201
Avg. current asking prices in BD1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - - £150,000
(1)
-
Flats £50,698
(51)
£78,725
(19)
£97,475
(2)
- -
All £50,698
(51)
£78,725
(19)
£97,475
(2)
£150,000
(1)
-

Current asking rents in BD1

Average: £496 pcm
Avg. current asking prices in BD1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £390 pcm
(11)
- - - £1,278 pcm
(1)
Flats £456 pcm
(140)
£601 pcm
(100)
£728 pcm
(7)
- £1,278 pcm
(1)
All £452 pcm
(151)
£601 pcm
(100)
£728 pcm
(7)
- £1,278 pcm
(2)

Fun facts for BD1

Highest value in BD1
Highest value streets Zed-Index
Ivegate £191,670
Hallfield Road £176,545
Peckover Street £171,352
Spring Gardens £169,446
Stone Street £165,461
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% (700 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

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  • currently stars
  • 1
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  • 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 (0.5 miles)
  • Bradford Interchange (0.7 miles)
  • Frizinghall (1.5 miles)
  • Leeds Bradford International Airport (6.4 miles)
  • Manchester International Airport (37.2 miles)
  • Robin Hood Airport (38.3 miles)
  • Heysham Ferry Terminal (49.5 miles)
  • Knott End-On-Sea Ferry Landing (51.1 miles)
  • Fleetwood for Knott End Ferry Landing (51.4 miles)

Nearby schools

View all schools in Bradford
  • Dixons Manningham Academy (0.3 miles)
  • Green Lane Primary School (0.3 miles)
  • Atlas Community Primary School (0.4 miles)
  • Bradford College (0.5 miles)
  • One In A Million Alternative Education (0.6 miles)
  • Training and Skills Centre (0.9 miles)
  • The Home Study Project Co Pakistan Community and Neighbourhood Assoc (0.1 miles)
  • M A Girls School (0.4 miles)
  • One In A Million Free School (0.6 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
Live Let Buy, SW6 on +44 20 8128 9868 * (local rate)

Monthly running costs Beta

£262 Monthly total
Mortgage
Purchase price
Deposit (10%) 5,500
Repayment term 25
Interest rate 1.5
Your payment £197 /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 £20 Electricity £24 Estimated energy cost £44/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.

Contact Live Let Buy 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 Live Let Buy, and do not constitute property particulars. Please contact Live Let Buy 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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