Bradford has an economy worth over £9.5bn and the city is bursting with new business start-ups and a young and dynamic workforce for whom city centre living is a must. The city is also home to established international businesses such as Provident Financial, Yorkshire Building Society and Hallmark Cards.
This office conversion into 118 flats is in the commercial and administrative heart of Bradford city centre and bars and restaurants surround the space. Westfield’s £260 million Broadway shopping centre opened in 2015 and is only a few minutes from the development employing around 3000 people. ERE have been given an exclusive allocation of apartments on the front line.
- 1 bedroom apartments priced from £73,000
- Est. Gross yield up to 9.45%
- 2 year rental assurance
- Some with balconies
- Penthouses available
- With parking
- Cash only investment
Towards the start of the year, Savills predicted that house prices in Yorkshire would rise by 10% in the next five years. Bradford’s council is taking steps to ensure growth and is focused on a program of continual improvement which stretches over the next ten years. Plans include a new film production hub for the city, better road and rail links and the “reinvention” of the Thornton Road university and college area.
Tenants in Centenary Square Apartments will feel the immediate benefit of the plan which will concentrate on five key locations which surround the development including the ‘independent quarter’, Forster Square and cathedral area, Thornton Road’s ‘learning quarter’, City Park’s business and culture cluster and the city centre retail and leisure area.
Investors have a choice of apartments which face in a westerly direction towards Centenary Square ‘City Park’ home to a mirror pool, the largest urban water feature in the UK which can be a cool, tranquil and misty space during the day or a magical illuminated light, laser and water display at night. Completion is expected in Q4 2018.
Reservation Fee £2500, £14,200 on Exchange 20% (less Res Fee). Rest on completion.
The development is right in the heart of Bradford and the famous Alhambra Theatre, Broadway Shopping Centre and bus and rail station and City Hall are only minutes’ walk away.