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1 bed flat for sale

£60,000 From

Listerhills Road, Bradford BD7

1 1
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Property description

The Weaving Mill is an iconic building set in the heart of Bradford city centre, which is about to be transformed into modern residential apartments.

Located next to the University of Bradford, The Weaving Mill is the perfect residential hotspot for those looking to embrace a more urban lifestyle in one of the country?S fastest growing and most vibrant cities.

Now boasting an economy of £8.7 billion, Bradford is enjoying a huge resurgence with investment levels and development at an all time high.

In recent years the city has become an increasingly popular choice for those looking for a healthier return on their money and it is now seen by many as a far more attractive option than the more expensive northern cities of Liverpool, Manchester and Leeds.

The Weaving Mill is set to deliver stylish and modern living accommodation while at the same time offer substantial returns through the purchase of these stylish, spacious and modern apartments.

Project Highlights:
- Invest from only £40k initial payment and earn 8% build coupon.
- Bradford enjoying a huge economic resurgence now having an economy of £8.7 billion
- Investment levels and development at record highs
- Bradford considered to be one of the UK?S top buy- to let hotspots with excellent yields out-weighing most major cities.
- Real potential for capital growth
- Recognised need for modern purpose-built city centre apartments, most private rented accommodation being poorly maintained stock over 100 years old.
- The Weaving Mill will become an iconic residence ideally located in an area of significant regeneration close to the University, Bradford College (which has just been granted university status) and the City Centre and the new Westfield Broadway Shopping Centre.

Demographics
There is a recognised need for modern single/couple occupancy luxury apartments in the city centre. A small number of previous developments in refurbished buildings have sold out and The Weaving Mill will be one of the first purpose built apartment complexes in the city centre.

The transport links to both Leeds and Manchester are excellent and as the quality and location of accommodation improves significantly, many young professionals choose to live in Bradford as it represents far better value for money.

Uniquely, due to its location adjoining to the Learning Quarter we also expect significant interest from students who would actually present far better value for money and larger self-contained accommodation by renting at The Weaving Mill as opposed to student accommodation. This is likely to especially be of interest to International students.

Contact us for a Brochure and more information about this opportunity

The information contained within these details and/or marketing images and floor plans are intended as a general guide. This information does not constitute an offer or a contract and we (or anyone in our company) do not imply, make or give any representation, guarantee or warranty whatsoever relating to the terms contained within. Any intending purchaser must satisfy themselves as to the correctness of any of the statements, plans or images contained within. Images are for representational purposes only. The content contained within is correct adhering to the previous statement at the time of publishing.
Market activity
Average price paid £97,353 Sales 228 Current average value £100,941 (Zoopla Zed-Index) Value change -£379 ▼ -0.37%

Property value data/graphs for BD7

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £181,485 £133 3.6 £142,363
Semi-detached £116,783 £139 3.2 £108,876
Terraced £85,543 £102 3.1 £82,469
Flats £59,605 - 1.8 £43,816

Current asking prices in BD7

Average: £107,026
Avg. current asking prices in BD7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £44,491
(6)
£74,659
(31)
£112,929
(51)
£131,043
(32)
£219,988
(4)
Flats £61,335
(12)
£57,950
(1)
- - -
All £55,720
(18)
£74,137
(32)
£112,929
(51)
£131,043
(32)
£219,988
(4)

Current asking rents in BD7

Average: £404 pcm
Avg. current asking prices in BD7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £304 pcm
(16)
£418 pcm
(14)
£433 pcm
(13)
£453 pcm
(9)
-
Flats £349 pcm
(43)
£613 pcm
(12)
£667 pcm
(7)
£501 pcm
(2)
-
All £337 pcm
(59)
£508 pcm
(26)
£515 pcm
(20)
£462 pcm
(11)
-

Fun facts for BD7

Highest value in BD7
Highest value streets Zed-Index
Penrose Drive £213,636
Royal Close £209,029
Snape Drive £188,104
Hollybank Road £186,501
Ashgrove £183,674
Highest turnover in BD7
Highest turnover streets Turnover
Summer Hill Street 52.4%
Hindley Walk 41.7%
St. Wilfrids Close 37.5%
Woodvale Grove 33.3%
Glenlee Road 31.9%

What Zoopla users think of Bradford

Overall rating:

  • currently 2.5 stars
Average - 50% (709 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 (0.6 miles)
  • Bradford Interchange (0.8 miles)
  • Frizinghall (1.8 miles)
  • Leeds Bradford International Airport (6.6 miles)
  • Manchester International Airport (36.9 miles)
  • Robin Hood Airport (38.3 miles)
  • Heysham Ferry Terminal (49.5 miles)
  • Knott End-On-Sea Ferry Landing (51.0 miles)
  • Fleetwood for Knott End Ferry Landing (51.4 miles)

Nearby schools

View all schools in Bradford
  • Princeville Primary School (0.5 miles)
  • Dixons Manningham Academy (0.5 miles)
  • Green Lane Primary School (0.6 miles)
  • Bradford College (0.3 miles)
  • One In A Million Alternative Education (0.8 miles)
  • Training and Skills Centre (1.1 miles)
  • The Home Study Project Co Pakistan Community and Neighbourhood Assoc (0.3 miles)
  • Dixons McMillan Academy (0.5 miles)
  • Elite Grammar School (0.6 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
RS Property Investments, N11 on +44 20 8022 0281 * (local rate)

Monthly running costs Beta

£390 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,000
Repayment term 25
Interest rate 1.5
Your payment £215 /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 £24 Estimated energy cost £45/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 £99 /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 RS Property Investments 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 RS Property Investments, and do not constitute property particulars. Please contact RS Property Investments 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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