Property description

Overview

This stunning new high yielding development proves to be an exceptional investment. Boasting a luxurious specification finish throughout while sitting in a fantastic location. This development sits a short commute from various supermarket as well as being local to a variety of schools, perfect for long term tenancies.

Location

The development sits in an enviable location, and is sure to be popular with tenants.t is also very close to Saltaire, with numerous places to shop and dine as well as explore. Saltaire has beautiful architecture and a rich history and back in 2001 it was designated as a unesco World Heritage Site.

In addition to this, the development is only 3 miles from Bradford City Centre, which connects you to Leeds in just 20 minutes, where you can get to Manchester in an hour, and London in just over two hours. It is also close to Leeds Bradford International Airport which is one of the UK's fastest-growing airports.

Serviced lets permitted

The lease in this development allows the use of serviced lets (short-term corporate lets), which increases the yields further if you opt for this route. Now it's important to understand that the vast majority of residential leases prohibit serviced lets, but this development is different.

This gives it a usp compared to other investments in West Yorkshire. A management company called My Property Host, specialising in short-term lets, can oversee the short-term let process. They can handle everything if you go down this route, so it's a completely hands-off investment for you.

Regeneration

Focused around a growing young population, the area has the capacity for significant capital growth over the middle to long term as more people move out of the city and into the suburbs. Upon completion of this block in August 2023 not only will the first phase of the development be completed and tenanted, but there will be an even higher demand for properties of this type due to the exterior work done in the surrounding area.
Amenities

Below market value

High tenant demand

High specifications throughout

Serviced lets permitted

Reputable developers

Great location

New development

Abundance of nearby amenities