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1 bedroom apartment for sale
Richmond Road, Bradford BD7
£65,000
Richmond Road, Bradford BD7
£65,000
Our Summary
- 33 per month and a 125-year lease, these apartments represent a long-term investment opportunity
Description
This student accommodation development in Bradford offers an attractive investment opportunity for investors, with 249 apartments available across two blocks. Each unit is designed to meet the needs of the local student population and is available off-plan for £65,000, providing an immediate equity gain of £16,200. With an estimated true value of £81,000, the apartments promise an 8% yield, making them a lucrative investment option. Investors can purchase multiple units to increase potential returns, and the property comes with a 125-year lease and a service charge of £83.33 per month. Located in a vibrant student community with access to amenities and transport links, this development is a promising long-term investment opportunity.