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Apartment Block for Sale

25-29 Northgate, Bradford, BD1 3JR

*For further information, text: "652" to 07803 410 237

WHY INVEST IN THIS PROPERTY

  • Bradford is one of the largest cities in the UK, a young, enterprising city of over 500,000 people.
  • ​The property consists of 3 x 1 bedroom apartments, 3 x 2 bedroom apartments and 1 x 3 bedroom apartment. 
  • ​Property is located within walking distance of Bradford city centre offering bars, restaurants, shopping. 
  • ​Bradford is well served by a highly-developed transport infrastructure with road links via the M1, M62 and A1 (M) motorways. The rail network connects Bradford to Leeds in 20 minutes, London in just over 2 hours and Manchester in an hour.
  • ​Leeds Bradford International Airport (LBIA) is one of the UK’s fastest growing airports. It is 6 miles from Bradford City Centre and generates substantial economic benefits by ensuring that the city remains connected to the world. Manchester Airport is also within a 1 hour reach by road or rail.
  • ​Bradford has benefited from the city centre growth zone has benefitted from £35 million of investment to support businesses in the area. However, this is just a drop in the ocean as the area has seen investment in regeneration and infrastructure projects hit around £1 billion over the last few years with more investment likely to follow. 
  • ​Popular attractions in the area include Bradford Industrial Museum (3 Miles) and National Science and Media Museum (1 Miles). 

THE NUMBERS

  • ​Purchase price: £650,000
  • ​30% deposit for commercial mortgage: £195,000
  • ​Stamp duty: £13,000 plus legals
  • ​Sourcing fee: £10,000 + Vat
  • Total cost: £218,000 plus legals
  • ​Achievable rent: £4307.33 pcm
  • ​Achievable rent per year: £51,688
  • ROI: 7.95%
*For further information, text: "652" to 07803 410 237
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