Richmond Road, Bradford, BD7

Description

Located on Richmond Road in Bradford, this development offers an ideal opportunity for investors looking to enter the student accommodation market.

REF: JAGUN

Located on Richmond Road in Bradford, this development offers an ideal opportunity for investors looking to enter the student accommodation market. The property consists of 249 student apartments across two blocks, with each unit designed to meet the needs of the local student population. The estimated true value of each unit is £81,000, but they are available off-plan for just £65,000, providing an immediate equity gain of £16,200.

The apartments promise an 8% yield, making them an attractive investment option. Investors have the flexibility to purchase multiple units, increasing potential returns. With a service charge of £83.33 per month and a 125-year lease, these apartments represent a long-term investment opportunity.

Bradford is known for its vibrant student community and cultural landmarks, making it a sought-after location for higher education. The city's amenities and transport links further enhance the appeal of these units. With limited availability at this price point, act quickly to secure your stake in this promising development.