Studio apartment

Chapel Street, BD1 5AZ

Size: 18 sqm

Purchase price

£60,000

Size: 18 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,640
Ground rent £250
Service charge £800
Lettings fees £490
Net income £4,100
Gross yield 9.4%
Net yield 6.83%

This excellent studio apartment is located in the recently completed Olicana House, which is home to 157 studios spread across six floors and is the perfect accommodation for young professionals and students wanting to be close to the city centre. The development has been completed to a high standard and this particular apartment is on the sixth floor and consists of a spacious and stylish living space, modern fully fitted kitchen complete with appliances and a luxurious bathroom with three-piece suite.

Olicana House is perfectly located with a selection of amenities on it’s doorstep and being just a short walk from the city centre and the University of Bradford, it will always be a top choice for renters. Situated in Little Germany, which is home to over 110 business and organisations alone, it offers excellent transport links to other Northern Powerhouse cities Manchester, Leeds and Hull as well as a direct service to London. Bradford is in an enviable position being surrounded by plenty of beautiful countryside such as the Yorkshire Dales and National Park and Pennines.

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 in the area and with major regeneration projects underway this could increase even further. £52.6 million worth of funding has been secured from the Government which 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. Now is an excellent time to invest in this growing city so enquire today to find out more about this lucrative investment opportunity.

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY! 6.31% NET YIELD. Wonderful studio apartment in a recently completed development in Bradford city centre. Enquire today to avoid disappointment.

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Luxurious studio apartment

Key features

Located on the top floor

Key features

Recently completed development

Key features

Prime city centre location

Key features

Modern kitchen complete with appliances

Key features

Excellent transport links

Key features

Stylish bathroom

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY! 6.31% NET YIELD. Wonderful studio apartment in a recently completed development in Bradford city centre. Enquire today to avoid disappointment. More info...

This excellent studio apartment is located in the recently completed Olicana House, which is home to 157 studios spread across six floors and is the perfect accommodation for young professionals and students wanting to be close to the city centre. The development has been completed to a high standard and this particular apartment is on the sixth floor and consists of a spacious and stylish living space, modern fully fitted kitchen complete with appliances and a luxurious bathroom with three-piece suite.

Olicana House is perfectly located with a selection of amenities on it’s doorstep and being just a short walk from the city centre and the University of Bradford, it will always be a top choice for renters. Situated in Little Germany, which is home to over 110 business and organisations alone, it offers excellent transport links to other Northern Powerhouse cities Manchester, Leeds and Hull as well as a direct service to London. Bradford is in an enviable position being surrounded by plenty of beautiful countryside such as the Yorkshire Dales and National Park and Pennines.

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 in the area and with major regeneration projects underway this could increase even further. £52.6 million worth of funding has been secured from the Government which 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. Now is an excellent time to invest in this growing city so enquire today to find out more about this lucrative investment opportunity.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Luxurious studio apartment
    Tick Desktop Located on the top floor
    Tick Desktop Recently completed development
    Tick Desktop Prime city centre location
    Tick Desktop Modern kitchen complete with appliances
    Tick Desktop Excellent transport links
    Tick Desktop Stylish bathroom
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £5,640
Ground rent £250
Service charge £800
Lettings fees £490
Net income £4,100
Gross yield 9.4%
Net yield 6.83%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.