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Studio for sale

£65,000

Listerhills Triangle, Listerhills Road, Bradford BD7

1
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Property description

10% net income assured for 10 years

* 125% developer buyback at year 10

* call option of 2.5% per annum

* cash input from just £52,000

* fully furnished and fully managed

* proven new homes developer

Set in the heart of Yorkshire with easy and direct access to all major transport networks, Fabric will provide a unique opportunity to purchase a stunning studio apartment in this upmarket city centre hotel.

Located in the historic city of Bradford, famous for its industrial landscape of textile mills and cobbled streets, Fabric offers an exciting alternative to buy-to-let in the centre of the Learning Quarter and close to the city's bustling night-life and wealth of attractions.

Bringing a new and contemporary option to the leisure market, the hotels within our Business Collection have been specifically designed to cater for a corporate audience and Fabric will provide a new an inspirational experience for the modern-day business traveller. Combining technology with comfort and relaxation, Fabric will consist of 99 one-bed self-contained apartments complete with kitchenettes, all modern conveniences and offer the perfect base from which to work, rest and play.

Project Highlights:

- Invest from only £52k.

- 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 fastest growing cities.

- Familiar hotel deal structure - Assured rental returns for 10 years and Y10 buyback at 125%

- Multiple market appeal - business travellers - academic staff - visiting parents

- In advanced talks with University to block book large number of rooms

- Fabric Aparthotel, together with the attached 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

Bradford is one of Britain?S fastest growing cities seeing record levels of investment and new business activity.

Bradford University has an aggressive plan for expansion of both courses offered and student numbers. The nearby Bradford College, already the 4th largest college in the country has just attained University status and will therefore also be looking to expand significantly.

Fabric Aparthotel is ideally placed adjoining the Learning Quarter and a short walk from the city centre with its new shopping centres, bars and restaurants. Fabric Aparthotel therefore appeals to a number of markets - the business traveller, the visiting academic and parents of students at both educational establishments.

There are a very small number of similar offerings none of these being purpose built or close to both the University and the City Centre

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.

Listerhills Triangle, Listerhills Road, Bradford, Yorkshire, BD7 1HZ

65,000 gbp
Market activity
Average price paid £97,189 Sales 237 Current average value £103,996 (Zoopla Zed-Index) Value change £1,344 ▲ 1.31%

Property value data/graphs for BD7

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £187,252 £138 3.6 £143,250
Semi-detached £121,941 £144 3.2 £109,474
Terraced £87,300 £104 3.1 £81,970
Flats £60,827 - 1.8 £41,550

Current asking prices in BD7

Average: £102,175
Avg. current asking prices in BD7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £43,749
(4)
£78,872
(36)
£110,968
(48)
£128,172
(31)
£238,325
(6)
Flats £61,566
(23)
£57,950
(1)
- - £240,000
(1)
All £58,926
(27)
£78,306
(37)
£110,968
(48)
£128,172
(31)
£238,564
(7)

Current asking rents in BD7

Average: £433 pcm
Avg. current asking prices in BD7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £269 pcm
(11)
£437 pcm
(9)
£403 pcm
(9)
£505 pcm
(4)
-
Flats £339 pcm
(43)
£556 pcm
(12)
£600 pcm
(6)
£761 pcm
(4)
-
All £324 pcm
(54)
£505 pcm
(21)
£482 pcm
(15)
£633 pcm
(8)
-

Fun facts for BD7

Highest value in BD7
Highest value streets Zed-Index
Penrose Drive £221,560
Royal Close £216,914
Snape Drive £195,636
Hollybank Road £193,531
Lynch Avenue £190,050
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% (718 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:

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 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
Select Estate, N11 on +44 20 3641 5469 * (local rate)

Monthly running costs Beta

£408 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,500
Repayment term 25
Interest rate 1.5
Your payment £233 /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)
Compare insurance deals now 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 £26 Estimated energy cost £45/mo

Similar properties could save up to £158

How Much Could I Save? 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.

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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 Select Estate, and do not constitute property particulars. Please contact Select Estate 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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