from £152,942

Purchase Price

8.5%

Net Rental Yield

£250

Income Per Unit / Week

84

Apartments
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Recently Refurbished & Income-Generating

Chapel Street

Bradford, West Yorkshire

Investment Highlights

  • Purchase price from £152,942
  • 8.5% yields for 25 years
  • Earn income instantly
  • FIRI lease with annual CPI increases
  • Recently completed to a high standard
  • 84 assisted living apartments
  • £250 per week rental income per unit
Chapel Street, Bradford
Chapel Street interior

Property Details

Starting from £152,942

Chapel Street is an excellent opportunity to invest in an income-generating block of 84 assisted living apartments in the booming West Yorkshire city of Bradford, currently generating an impressive 8.5% yield, with each unit producing £250 per week. The newly refurbished property benefits from an excellent location in the city centre.

One of the most unique aspects of investing at Chapel Street is that it is leased to a non-profit housing company under a fully internally repairing and insuring (FIRI) lease that also includes annual Consumer Price Index (CPI) increases, providing strong scope for inflation-linked rental growth alongside a fixed long-term income stream.

Chapel Street has been refurbished to an extremely high standard and makes for an excellent supported living investment – combining a 25-year lease, instant rental income, and a prime city-centre location in one of the UK’s fastest-regenerating cities.

Location

Why invest in Bradford?

Located in West Yorkshire in the North of England, Bradford is a vibrant city with a rich and diverse culture. The city has seen a strong resurgence in recent years and is currently undergoing a 12-year regeneration programme aimed at boosting the local economy, improving connectivity to other regions, and revitalising the city centre – all of which is driving sustained growth in the local property market.

Nearby

  • Little Germany – 0.2 miles
  • Bradford Train Station – 0.4 miles
  • Broadway Shopping Centre – 0.4 miles
  • Bradford College – 0.8 miles
  • University of Bradford – 1.0 miles
Chapel Street deluxe studio apartment example

Gallery

Chapel Street, Bradford

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