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LAW RUSSELL HOUSE, BRADFORD

LOCATION:
BRADFORD, WEST YORKSHIRE, UK

PRICES:
FROM £55,000

YIELD:
8% NET ASSURED FOR 2 YEARS

OVERVIEW

Law Russell House was originally one of the UK’s prestigious textile warehouses that once dominated the world trade for quality and innovation. The building amazing external features has The Located in the enviable position of Little Germany, it is on the doorstep of the £260,000.000 Westfield Broadway shopping complex boasting more than 70 restaurants, cafes and shops which will create 2,500 permanent jobs.

65 spacious apartments, over 6 floors comprising of studio, 1 bed and 1 bed duplex apartments.  There is also a penthouse suite.

Studios from      £55,000

1 beds from        £69,995

1 bed duplex      £80,000

Investment Facts

  • -         4% interest paid on client deposit
  • -         All deposit monies contractually assured
  • -         Assured rental income- 8% NET for 2 years
  • -         Assured NET income paid in advance
  • -         Below market value (BMV) residential property
  • -         Prime city centre location
  • -         250 year lease
  • -         Ground rent is included with management and service charge
  • -         Fully managed
  • -         Excellent transport links

Facilities

  • -         Management and letting company
  • -         Gym for all residents
  • -         Trendy cafe area.
  • -         Elevator to all floors

All apartments feature

  • -        Contemporary and high specification fitted kitchen
  • -        Modern bathroom with stylish chrome accessories – The latest power shower technology
  • -        Bedroom(s) with built-in sliding wardrobes
  • -        TV sockets and telephone point, super-fast fibre-optic broadband
  • -        Video intercom system and the latest in keyless door entry
  • In addition, we offer contemporary furniture packages to complement our living spaces.

Furniture packs

Studio

1 bedroom

2 bedroom

£1,850.00

£2,200.00

£2,500.00

Quality furniture pack at reasonable pricing

Around 70 languages are spoken and there is a population of more than 525,000 people. It has a lively nightlife with restaurants serving food from all over the world, as well as shops, cinemas, sporting venues and is home to the National Media Museum. UK’s third busiest shopping complex

Bradford has an international airport, direct trains to London, and is close to M1 and M62.

Location

City centre location on the doorstep of the new £260m Westfield Broadway shopping complex

0.5 miles distance to Forster Square rail station and retail shopping park

0.5 miles distance to the Interchange rail and bus station

2 minute walk to Centenary Square

10 minute walk to the University of Bradford

£35m Growth Zone initiative for city centre transformation. Excellent transport links:

15 minutes by rail to Leeds city centre

30 minute drive to Bradford airport

45 minutes by rail or motorway direct Manchester city centre

Payment process

£5,000.00 Reservation

We will arrange the buying client’s solicitor - Legal pack sent out within 48 hours

50% paid on exchange minus the £5,000.00 reservation already paid (within 28 days from reservation)

20% 4 months’ post-exchange

30% on completion

4% interest paid on client deposit

1 year rental paid up-front on completion

2nd year rental paid quarterly in advanced

All deposit monies contractually assured

Completion

Q2 2018

HIGHLIGHTS

Bradford is large, young and growing. For lifestyle, Bradford has it all; from the first UNESCO city of film; Michelin star restaurants; award winning museums and galleries to stunning Yorkshire countryside. Boasting a vibrant multi-cultural population, it actually has one of the highest qualities of living in the UK, and is becoming an increasingly popular city to live in.

The City Region’s financial and business sector generates over £13 billion every year and is projected to grow by 51 per cent between now and 2022. Placing Bradford as the fifth fastest growing area outside London. The city offers stable, secure investment opportunities and a thriving future for its people.

With Bradford house prices averaging one third less than London and huge rental demand, it’s easy to see why Bradford is one of the top 10 destinations in the UK for investors (Times Report 2015). As a result of positive investment in the area, Bradford has seen a huge 11 per cent rise in property prices in 2014.

UK investment continues to pour into the city centre, which to date has brought about an abundance of retail outlets, bars and restaurants including Forster Square Retail Park and certainly the new Broadway shopping centre, part of the iconic Westfield family. Bringing about what they call the ‘Westfield Effect’.

Right on the doorstep of the prestigious Westfield Broadway shopping centre is Law Russell House. Located in an enviable position of Little Germany, one of Bradford’s busiest commercial areas, Law Russell House is a highly fashionable, stylish residential apartment offering a truly desirable lifestyle for residents.

Law Russell House is made up of 65 spacious apartments, over 6 floors comprising of 1 bed, 2 bed duplex and studio apartments. There are also excellent communal facilities such as a basement gym and café area providing a high-end residential experience for all. What makes Law Russell House truly unique than other comparable developments is that it’s a revival of one of the UK’s prestigious textile warehouses that once dominated the world trade for quality and innovation.

Developed in a Grade II* listed building, this development boasts one of the most prestigious finishes in the area.

Sympathetically styled with existing 19th Century architecture, innovative ecosystems and an ultra-modern twist on interiors brings together this most unique and desirable package.

With Bradford’s excellent shopping district right on its doorstep and huge demand for property in the area, investors can look forward to enjoying attractive capital growth in the years to come. Prices start at just £55,000, offering a fantastic opportunity to purchase a unique, high quality residential apartment in a Grade II listed building, which is located in the very heart of vibrant Bradford City.

All apartments are fully managed on your behalf, making this an easy arm-chair investment generating attractive returns of 8% NET rental yield for 2 years.

To get further information including unit availabilities and floorplans on this truly unique development, please fill out the form on the right today.

BROCHURE

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FLOOR PLANS