Bradford Buy-to-Let City Centre Apartments
Up to 25% Below Market Value – 9% Return on Capital
Occupying a prime position just south of the city centre, a 5 minute walk from Bradford interchange, this superb new development will be designed to a high quality, both internally and externally and bring a new concept of urban living to Bradford.
1 bedroom units are priced 25% below market value from £50,000 (independent RICS valuation) thus delivering instant equity and two bedroom units at £90,000. The fixed rental combined with developer finance is set to deliver a 9% Return on Capital.
Up to 50% LTV non-status developer finance is available (interest fixed at 3.25% for 4 years), investors can also take advantage of a fixed rental payment for 4 years after completion and buy with confidence knowing that your deposit is insured.
- New off-plan city centre buy-to-let opportunity
- 75 one and two bedroom luxury apartments
- 9% Return on Capital - Insured deposit
- Instant equity - up to 25% Below Market Value (RICS valuation)
- 50% LTV developer finance available (fixed at 3.25% for 4 years)
In tandem with the UK forecasted to be the ‘fastest-growing Western economy’ in Q4 2013 by ICAEW (the body representing English and Welsh accountants), the nation’s property market is starting a new cycle and once again on an upward curve.
But it is the growth in the private rented sector (PRS) over the last decade which should be of real interest to investors. According to the 2011 Census, the PRS has grown by 2 million households since 2001 with up to 1 million new PRS households expected in the next 5 years according to the latest Savills research.
This growth will inevitably result in even more pressure on rental stocks thus pushing rental prices up further – a highly attractive proposition for prospective buy-to-let landlords. Furthermore, with Savills expecting rents to rise by 21% over the next 5 years, Bradford selected as the site of the new £260 million Westfield shopping centre, interest rates remaining low and buy-to-let mortgage finance more widely available, now is the perfect time to invest in a UK buy-to-let property.
The first phase of this superb new development comprises 75 one and two bedroom luxury apartments. Boasting award winning architecture, high specification interior design, secure living and 24 hour concierge, the spacious apartments will more than meet the needs of today’s city dweller.
Under construction and due for completion in Q1 2015, Aspire Citygate will play a key role in Bradford’s on going regeneration scheme and offer affordable city centre living.
Invest from £50,000
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