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1 bed flat for sale

£85,000 (£213/sq. ft) From

Wells Street, Bradford BD1

1 1 398 sq. ft*

Images may include optional upgrades at additional cost

Interested in this property? Call +44 151 382 9283 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Underground parking
  • Experienced Local Management Company
  • Located on the door step to the New £260m Broadway Shopping Centre
  • 7% Assured Rent for 1st 2 Years
  • Prices From £85,000

Property description

For Investors & Owner Occupiers

The Residence at Park House is a refurbishment development scheme providing an essential living environment for the people of Bradford. Perfectly suited for tenants looking to live in the city centre. They will be on the door step to the brand new £260 million Broadway shopping centre, some of the city';s best bars and restaurants and a short walk away from the University of Bradford.

The scheme consists of 59 individual residential units split into studios, one bedroom and two bedroom apartments. The developer is offering a 2 year rental guarantee on all unit sizes with parking is available at an additional cost. Works include a complete overhaul of the building's façade and the installation of feature lighting throughout. The building will retain its unique styling in line with the architect's original contemporary and minimalist vision.

Investment Highlights

7% assured rent for 2 years
Completion Q4 2018
Leasehold for 250 years
Car parking
City centre location
Located on the door step to the New £260m Broadway Shopping Centre

Contact us today for more information regarding the remaining apartments.

About Bradford

Bradford is a major business hub of the Northern Powerhouse, Bradford boasts the 8th largest economy in England and is forecasted to grow by 25% over the coming decade. The 17,600 businesses in the city have created an entrepreneurial, digital-focused business environment employing 198,600 people. Some of the big name corporations based in Bradford include Morrisons, Provident Financial Group, Yorkshire Building Society, Hallmark Cards and Santander.

The city has benefited from over £1bn of investment in recent years, including the £260m Broadway Shopping Centre which created 3,000 jobs and gave a £500m boost to the economy. Another notable investment was the recent £21.96m put into broadband infrastructure, which gave 97% of households and businesses high-speed broadband (Invest Bradford).
Market activity
Average price paid £65,313 Sales 21 Current average value £134,784 (Zoopla Zed-Index) Value change -£433 ▼ -0.32%

Property value data/graphs for BD1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £185,010 - 5.0 -
Semi-detached £350,932 - 4.0 £150,000
Terraced £149,696 £97 4.7 £61,500
Flats £131,206 £192 1.6 £61,032

Current asking prices in BD1

Average: £66,233
Avg. current asking prices in BD1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £74,995
(1)
- £150,000
(1)
£125,000
(1)
Flats £59,820
(74)
£76,690
(38)
£155,000
(1)
- -
All £59,820
(74)
£76,647
(39)
£155,000
(1)
£150,000
(1)
£125,000
(1)

Current asking rents in BD1

Average: £459 pcm
Avg. current asking prices in BD1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £340 pcm
(9)
£308 pcm
(2)
- - £247 pcm
(1)
Flats £411 pcm
(106)
£567 pcm
(66)
£880 pcm
(7)
- £1,278 pcm
(1)
All £405 pcm
(115)
£559 pcm
(68)
£880 pcm
(7)
- £762 pcm
(2)

Fun facts for BD1

Highest value in BD1
Highest value streets Zed-Index
Ivegate £251,709
Peckover Street £175,436
Spring Gardens £173,314
Hallfield Road £173,258
Stone Street £169,423
Highest turnover in BD1
Highest turnover streets Turnover
Scoresby Street 17.1%
Upper Park Gate 9.1%
Darfield Street 9.1%
Hallfield Road 8.3%
Grattan Road 7.7%

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 Interchange (0.2 miles)
  • Bradford Forster Square (0.3 miles)
  • Frizinghall (2.0 miles)
  • Leeds Bradford International Airport (6.1 miles)
  • Manchester International Airport (37.4 miles)
  • Robin Hood Airport (37.6 miles)
  • Heysham Ferry Terminal (50.3 miles)
  • Knott End-On-Sea Ferry Landing (51.8 miles)
  • Fleetwood for Knott End Ferry Landing (52.2 miles)

Nearby schools

View all schools in Bradford
  • Rainbow Primary School (0.5 miles)
  • Barkerend Academy (0.5 miles)
  • Westminster Church of England Primary Academy (0.7 miles)
  • Training and Skills Centre (0.3 miles)
  • Bradford College (0.6 miles)
  • One In A Million Alternative Education (0.9 miles)
  • Elite Grammar School (0.6 miles)
  • Carlton Bolling College (0.7 miles)
  • Olive Secondary (0.7 miles)
Note: Distances are straight line measurements

Local info for Bradford

AskMe Q&A for Bradford

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Acentus Real Estate, L3 on +44 151 382 9283 * (local rate)

Monthly running costs Beta

£371 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,500
Repayment term 25
Interest rate 1.5
Your payment £305 /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 £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

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 Acentus Real Estate 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 Acentus Real Estate, and do not constitute property particulars. Please contact Acentus Real 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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