Property is still a safe haven in volatile asset markets
The Printworks occupies a highly sought-after affluent location within the popular city of Bradford. The building contains three floors with a central courtyard communal area. The building will create 137 apartments. The development will consist of 4 Phases. The Printworks will be Phase 2 Phase 4 will be an on-site letting office for TIR Lettings and coffee shop. The original building was built in 1936 by W N Sharpe of Bradford as the Headquarters for his successful printing business. In 1984 Hallmark Cards acquired W N Sharpe’s printing operation for nearly £21m.
SCHEME OVERVIEW & HIGHLIGHTS:
TOTAL UNITS: 137 | 103 x 1 Beds, | 34 x 2 Beds
PRICES: From £120,000 (1 beds) - £155,000 (2 beds)
RESERVATION FEE: £5,000 Non-Refundable - Deductible upon Exchange
EXCHANGE DEPOSIT: 20%
COMPLETION FUNDS: 80%
PARKING: Included
LEASE: 250 years
GROUND RENT: 0.1%
SERVICE CHARGES: £798.89 Per Annum, Per Apartment
RENTAL GROSS YIELDS: AST – Up To 6% | Short Term Serviced Lets – Up To 12.5%
PRACTICAL COMPLETION: Q3 2023
WARRANTY: 10 YEARS
DEVELOPER: The Investment Room – Cash funded since 2009
AMENITIES: Bradford City Centre 3.2 Miles | Leeds City Centre – 12.9 Miles | Leeds Bradford Airport – 9.3 Miles | University of Bradford – 3.1 Miles | Bradford Royal Infirmary – 1.9 Miles | Bradford Interchange Railway Station – 3.6 Miles
THE JEWEL OF THE NORTHERN POWERHOUSE:
The Northern Powerhouse is the government’s vision for a super-connected, globally-competitive northern economy with a flourishing private sector, a highly-skilled population, and world-renowned civic and business leadership
A new high-speed rail link between Leeds, Bradford and Manchester
Northern Powerhouse Rail could boost the economy by £22bn in the next 3 decades
6% Potential increase in productivity equivalent to £16.5bn
8% Potential increase of GVA in the north over 10 years
1.5% Potential increase of GVA in the north over 10 years
TRAVEL DISTANCES:
Leeds Bradford Airport: 27 mins / 9.3 miles
Leeds City Centre: 37 mins / 12.9 miles
University of Bradford: 10 mins / 3.1 miles
University of Leeds: 34 mins / 12.9 miles
First Direct Arena: 34 mins / 13.2 miles
Manchester Piccadilly by Train: 1 hour 24 mins / 40 miles
Media City: 60 mins / 47 miles
For more details, or to contact John Parsons Head of International Property Desk, Mondial Dubai LLC, please contact us at +971 56 2228 535
Marketing@mondialdubai.com