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Studio for sale

£65,000 From

Listerhills Road, Bradford BD7

1
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Property description

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.
Market activity
Average price paid £95,108 Sales 221 Current average value £100,638 (Zoopla Zed-Index) Value change -£1,543 ▼ -1.51%

Property value data/graphs for BD7

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £181,090 £130 3.6 £145,861
Semi-detached £118,548 £138 3.2 £109,930
Terraced £84,046 £99 3.1 £77,879
Flats £60,304 - 1.8 £66,812

Current asking prices in BD7

Average: £105,589
Avg. current asking prices in BD7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £51,800
(5)
£73,287
(37)
£112,132
(50)
£120,601
(31)
£200,000
(10)
Flats £56,771
(14)
£57,950
(1)
- - £230,000
(1)
All £55,463
(19)
£72,884
(38)
£112,132
(50)
£120,601
(31)
£202,727
(11)

Current asking rents in BD7

Average: £497 pcm
Avg. current asking prices in BD7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £316 pcm
(10)
£425 pcm
(8)
£532 pcm
(18)
£540 pcm
(5)
£949 pcm
(1)
Flats £336 pcm
(43)
£575 pcm
(10)
£607 pcm
(5)
£764 pcm
(4)
£282 pcm
(2)
All £332 pcm
(53)
£508 pcm
(18)
£548 pcm
(23)
£639 pcm
(9)
£504 pcm
(3)

Fun facts for BD7

Highest value in BD7
Highest value streets Zed-Index
Penrose Drive £214,543
Royal Close £211,132
Hollybank Road £189,499
Snape Drive £185,584
Lynch Avenue £184,531
Highest turnover in BD7
Highest turnover streets Turnover
Summer Hill Street 42.9%
Hindley Walk 41.7%
Hudson Close 40.0%
St. Wilfrids Close 37.5%
Burdale Place 36.4%

What Zoopla users think of Bradford

Overall rating:

  • currently 2.5 stars
Average - 51% (772 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 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)
  • The Maltings College (6.7 miles)
  • Elliott Hudson College (8.1 miles)
  • Shelley College (14.6 miles)
  • Dixons McMillan Academy (0.5 miles)
  • Dixons Trinity Academy (0.6 miles)
  • One In A Million Free School (0.8 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 8115 2920 * (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 £21 Electricity £24 Estimated energy cost £45/mo

Similar properties could save up to £193

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 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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