Gloucester House in Bradford is an existing fully built and operational development with 100% occupancy, returning an assured 7 year 7% net return annually, resulting in this being a fantastic opportunity for investors to enter the lucrative Bradford property market and start receiving income from the very start of their ownership.
With the rental guarantee of an outstanding 7 years to all purchasers at yearly 7% net income, Gloucester House is situated only a few steps from Bradford university. Its prime location makes this development a hot spot for students.
Each contemporary en-suite is fully furnished and completed to the highest specification,
based in the heart of Bradford’s student village and is adjacent to both the University of Bradford and Bradford College. Bradford University has been discovered as one of the UK’s top ten universities to study medicine, pharmacy and physiotherapy and is the third best to study Ophthalmic.
In March 2016, consumer organisation named Liverpool the UK’s most affordable buy-to-let hotspot. It is also a UK centre for higher education with nearly 70,000 full-time students and tenant demand is projected to increase due to extensive regeneration, now is the time to invest in this booming city of Bradford.
To alleviate these issues of inadequate accommodation in the ever-growing city, Gloucester House is located in the heart of Bradford city centre, close to the city’s thriving academic area. The development will also provide the highest standard of onsite facilities and the scheme will consist of 21 fully-furnished en-suite bedrooms over 3 floors, ideal for both undergraduate and mature students. The units will have a power shower, study desk, double bed, flat screen TV, high-speed broadband and private kitchen. On-site facilities include a concierge, private gymnasium for the exclusive use of residents as well as a café-bar-restaurant on the ground floor. Gloucester House rents starts from £70 per week, with all bills included + high speed internet. If you thought luxury accommodation was beyond your budget, think again.
This development is specifically built to let to students; the studio apartments have a relatively low entry price at a cost of £49,900. Investors stand to realise a minimum of 7% yearly NET yield for at least 7 years. The apartment proposes all the basic needs of a student with a bedroom, communal kitchen on each floor and small dining table in the main living room area and an en-suite bath and shower.
Based in the heart of Bradford’s student village and is adjacent to both the University of Bradford and Bradford College, this development is perfectly situated in the heart of the academic centre of Bradford. The area boasts some of the city’s most stunning features, making it a picturesque area to live. It is also in walking distance to some of the city’s best; bars and restaurants, cultural hotspots, shopping areas, museum, touristic destinations and transport links.
Bradford’s Academic Quarter where Gloucester House is situated is home to both the University of Bradford and Bradford College, and was developed in partnership with the Bradford Metropolitan District Council. Designed to provide a centre of excellence through design, education and innovation, this £750 million development will underpin the future development plans of these two institutions. This includes the 30% student population growth outlined in the university’s 2015 development plan. This established investment base within the city’s educational sector provides enhanced security to buyers of local student property. This is especially true of Gloucester House, which is situated within this designated area. Knowing how student accommodation in Bradford is critically under-supplied the city plans for 30% population growth by 2024 will further stretch to 82.4% property supply shortfall. Investors receive 7-10% NET fixed income each year, with no involvement in property management. Needless to say this is a goldmine of a buy-to-let investment opportunity.
- Bradford College – 0.3 miles
- Bradford College Trinity Green & McMillan Campus – 0.4 miles
- Bradford Metropolitan College – 0.4 miles
- Kings Science Academy – 1.0 miles
- Dixons City Academy – 1.1 miles
- Challenge College – 2.1 miles
- University of Bradford School of Management – 2.3 miles
- Bradford Interchange – 1.1miles
- Forster Square Rail Station – 1.2miles
- Kirkgate Shopping Centre – 0.9miles
- National Media Museum – 0.7miles
- Dastler centre – 1.0miles
- Bradford City Park – 0.8miles
- Bradford Cathedral – 1.3miles
- Bradford Football Club – 1.5miles
- Bowling Park – 2.1miles
For further information on the purchase process please request your free brochure or get in touch with us today.