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1 bed flat for sale

£75,000

Vicar Lane, Bradford BD1

1 1

Images may include optional upgrades at additional cost

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Property features

  • Stylish and modern, developed in a Grade II listed building
  • Prime city centre location
  • Great rental potential
  • Next to Westfield Broadway shopping complex
  • Spacious 1 & 2 bed duplex and studio apartments
  • Fully managed on your behalf
  • 8% net rental yield assured for 2 years
  • Excellent Capital growth anticipated
  • 4% interest on deposited funds

Property description

*cash buyers/investment only

Law Russell House is a highly fashionable, stylish residential apartment located right on the doorstep of the prestigious Westfield Broadway shopping centre.

Law Russell House is made up of 65 spacious apartments, over 6 floors comprising of 1 bed, 2 bed duplex and studio apartments. There are also excellent communal facilities such as a basement gym and café area providing a high-end residential experience for all.

Developed in a Grade II* listed building, this development boasts one of the most prestigious finishes in the area. With Bradford’s excellent shopping district right on its doorstep and huge demand for property in the area, investors can look forward to enjoying attractive capital growth in the years to come.

Prices start at just £55,000, offering a fantastic opportunity to purchase a unique, high quality residential apartment in a Grade II listed building, which is located in the very heart of vibrant Bradford City.

All apartments are fully managed on your behalf, making this an easy arm-chair investment generating attractive returns of 8% net rental yield for 2 years.

Contact us today to get further information including unit availabilities on this truly unique development.
Floorplan(s): Floorplan 1

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Market activity
Average price paid £70,745 Sales 33 Current average value £137,928 (Zoopla Zed-Index) Value change £6,558 ▲ 4.99%

Property value data/graphs for BD1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £189,563 - 5.0 £65,000
Semi-detached £208,744 - 4.0 £150,000
Terraced £154,040 £99 4.7 £130,000
Flats £134,226 £192 1.6 £66,320

Current asking prices in BD1

Average: £66,229
Avg. current asking prices in BD1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £20,000
(1)
- - £150,000
(1)
-
Flats £60,510
(106)
£72,794
(48)
£104,998
(2)
£119,000
(1)
-
All £60,131
(107)
£72,794
(48)
£104,998
(2)
£134,500
(2)
-

Current asking rents in BD1

Average: £450 pcm
Avg. current asking prices in BD1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £334 pcm
(7)
£485 pcm
(1)
- - -
Flats £414 pcm
(100)
£557 pcm
(70)
£675 pcm
(4)
£1,148 pcm
(1)
£899 pcm
(2)
All £408 pcm
(107)
£556 pcm
(71)
£675 pcm
(4)
£1,148 pcm
(1)
£899 pcm
(2)

Fun facts for BD1

Highest value in BD1
Highest value streets Zed-Index
Ivegate £248,202
Peckover Street £180,872
Hallfield Road £177,766
Spring Gardens £177,256
Stone Street £173,091
Highest turnover in BD1
Highest turnover streets Turnover
Manor Row 16.0%
Scoresby Street 14.6%
Upper Park Gate 9.1%
Darfield Street 9.1%
Hallfield Road 8.3%

What Zoopla users think of Bradford

Overall rating:

  • currently 2.5 stars
Average - 51% (764 ratings)

Ratings breakdown:

  • currently 2.5 stars
Community & safety
  • currently 2.5 stars
Entertainment & nightlife
  • currently 2.5 stars
Parks & recreation
  • currently 2.5 stars
Restaurants & shopping
  • currently 2.5 stars
Schools & public services
  • currently 2.5 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 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Bradford Interchange (0.2 miles)
  • Bradford Forster Square (0.4 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 (51.9 miles)
  • Fleetwood for Knott End Ferry Landing (52.2 miles)

Nearby schools

View all schools in Bradford
  • Barkerend Academy (0.5 miles)
  • Rainbow Primary School (0.5 miles)
  • Westminster Church of England Primary Academy (0.7 miles)
  • Elliott Hudson College (7.2 miles)
  • The Maltings College (7.4 miles)
  • Shelley College (14.3 miles)
  • Carlton Bolling College (0.6 miles)
  • Dixons Trinity Academy (0.8 miles)
  • Feversham College (0.8 miles)
Note: Distances are straight line measurements

Local info for Bradford

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For more information about this property, please contact
Aspen Woolf, N1 on +44 20 7768 0120 * (local rate)

Monthly running costs Beta

£333 Monthly total

Mortgage

Purchase price
Deposit (10%) 7,500
Repayment term 25
Interest rate 1.5
Your payment £269 /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 £24 Estimated energy cost £43/mo

Similar properties could save up to £182

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 Aspen Woolf 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 Aspen Woolf, and do not constitute property particulars. Please contact Aspen Woolf 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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