Brand-new commercial to residential UK city centre conversion
8% yield, assured for 2 years
Park Central Residences
Bradford City Centre, UK
Located in the retail heart of Bradford, on the doorstep of the new £260m Broadway Shopping Centre is Park Central Residences. Permitted development rights have been secured to transform this vacant office building into 59 fashionable, modern apartments perfect for Bradford’s young, professional population.
- Fashionable studio, 1 and 2 bed residences
- Available from just £65,000 - 75% LTV mortgages available*
- 8% gross yield, assured for 2 years - 93% Return on Capital Employed**
- Prime location in the retail heart of Bradford city centre
Park Central Residences will see the transformation of a seven-storey commercial building, located in the retail heart of Bradford, into fashionable modern homes.
The development comprises 59 individual residential units with studios, one bedroom and two-bedroom apartments available from just £65,000.
Redevelopment works include a complete overhaul of the building’s façade and the installation of feature lighting throughout. The building will retain its unique styling in line with the architect’s original contemporary and minimalist vision.
Not only appealing to tenants, investors too will be drawn to Park Central Residences due to the strong and importantly sustainable 8% gross yield, assured for 2 years as well as the mitigation of risk due to the presence of an existing structure and titles.
* Subject to status
** Over a 5 year period
Invest from £65,000
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