- Incredible investment opportunity +
- Tenants in situ +
- Yielding nearly 10% NET +
- Very well kept and sought after development +
- Ideally positioned +
- Close to amenities and the city centre +
- Easy travel to Leeds and Manchester +
- Two bedrooms +
- Spacious open plan living area +
- High quality finish +
This simply stunning and unique New York loft style apartment is one of 152 luxurious apartments in the award-winning Conditioning House, which was transformed from a Victorian woollen mill in 2019 into one of Bradfords most premium developments. An incredible investment opportunity offered producing an impressive yield in the region of 10% NET.
The first-floor apartment is of a fantastic size, upon entering there is a hallway with plenty of storage space, an extremely spacious living room with spotlight lighting and two double glazed windows and space for a dining area. A door leads you to the kitchen which is finished to very high standard including fridge, freezer and dishwasher and a utility cupboard. There are two well-proportioned bedrooms, master with ensuite and a family bathroom.
Conditioning House is conveniently placed right in Bradfords city centre, just a short stroll from unrivalled amenities including the £260million Broadway shopping centre. It’s the ideal base for commuting professionals being within walking distance to both of Bradfords train stations for easy access to neighbouring towns and cities including Leeds and Manchester.
There hasn’t ever been a better time to invest in Bradford thanks to major regeneration projects underway following £52.6 million worth of funding from the Government. This regeneration includes £9 million for the One City Park office development, millions towards a new enterprise zone at Parry Lane and £3 million for the first phase of the "City Village" development. The plans will create almost 2,300 new jobs and in addition to this, according to Bradford city council, the city’s population will reach 565,000 people by 2030, which means there will be an increasing demand for rental properties such as this one.
Financial Breakdown
Gross Rent: £9,900.00
Net income: £7,364.48
Gross yield: 13.2%
Net yield: 9.82%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-07176