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SOLD OUT GUARANTEED
INCOME Student accommodation near Bradford University

/ BRADFORD / Bradford University

SOLD OUT

Location: Region England, Bradford, Bradford University MAP
Development: Student accommodation
Unit types: Apartments (various types), Studios, Student housing
Total number of units:66
Units available for sale:26 (39%)
Unit sizes: 10 sq.m � 17 sq.m FLOOR PLANS
Development status: Under construction
Planned completion: May 2016
Ownership: Leasehold
Rental return (p.a.): 9% guaranteed for 3 years
Capital appreciation (p.a.): 5% per year (estimated)
No commission

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Complex/building features

Sizes of units 10 sq.m - 17 sq.m
Total number of units 66

Distances

Airport 13 km to
Distance to centre of the town/city 600 m
Food shop 100 m
Bus stop 800 m
Railway station 1 km
Closest town - 14 km

Rental income features

Rental demand in the area High,Long-term rental
Who will rent Students
Unit finishing in order to rent Fully-furnished
Ability to terminate rental agreement Easy
Annual rental income 9% guaranteed for 3 years

Exit strategy

Resale Possible after completion
Easy exit High demand - very easy
Who will buy Foreign buyers, Local people

*Please note that exit or resale of property depends on market conditions.

Unit/apartment features

Finishing Excellent
Furnishing Fully furnished
Bathrooms Fully fitted bathroom, Shower box
Flooring in rooms Laminate flooring, Tiled flooring
Internal walls Painted walls

Facilities in the complex/building

Communal Laundry and dry cleaning

Capital appreciation (p.a.)

Expected price increase of the property* 5% per year (estimated)

*Quote is based on historic facts, market analysis and monitoring of local trends on the market.
*Resale price is fully depending on market conditions. Resale price is not guaranteed.

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Interested in this offer?

Ivan Lardev

Sales Director
Headquarters, Sofia

+359 988... +359 988 170 903 show number
+359 2 4... +359 2 454 13 17 show number
+359 883... +359 883 700 335 show number
ivan@... ivan@stonehard.bg show e-mail
Ref. No.: ENG #122

Premium student accommodation investment opportunity

Prime location near the University of Bradford

Fully-furnished en-suite rooms and studios apartments

We offer an opportunity to invest in an excellent development in one of the UK�s fastest growing property sectors, the Purpose Built Student Accommodation sector in a rejuvenated and dynamic city.

The development is a sympathetic conversion of a listed former mill into a mix of boutique, en-suite rooms and studio apartments which are finished to the highest specification.

Location

This student accommodation development is in a prime location in the heart of Bradford, West Yorkshire, England.

The development is situated just 0.3 miles (500 m) from the University of Bradford and 0.4 miles (600 m) from the city centre.

Close to it are Morrisons supermarket - 0.1 miles (100 m), Kirkgate Centre - 0.2 miles (300 m) and bus station (routes 607 & 696 to centre every 10 minutes) - 0.5 miles (800 m).

Diverse types of entertainment such as City Park, Media Museum, Alhambra Theatre, Impressions Gallery are at 0.4 miles (600 m) distance.

Railway station is 0.6 miles (1 km) from the building and the Airport is 8 miles (13 km) away.

Investment opportunity

As an investor in Purpose Built Student Accommodation [PBSA] you can enjoy stable rental yields.

Starting at £38,995, with an average price of just £39,995 and with an easy payment scheme, the suites of this Student Accommodation Development are very affordable and in high demand with investors and students alike.

With a guaranteed rental yield of 9% not least because of its prime location, the investors should see continuity of yields at least at the same level for long after the initial 3 year Guarantee period.

Although the universities can just about accommodate all first year students in halls of residence, the majority of students, more than 70 per cent in most university towns, will be looking for accommodation in the private sector.

Confidence in this asset class has demonstrated its resilience to the economic downturn as well as the dramatic rise in tuition fees in 2010. UCAS states that there was an overall increase of 3.4% of applicants placed in higher education between the 2013 and 2014 cycles.

The Governments Department for Business, Innovation and Skills forecasts the number of international students in higher education will rise by 15-20% over the next 5 years.

Location (approximate)

This is the approximate location of the development. Please contact the listing agent to find out its exact location.

Gallery

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Floor Plans

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Floor plans of the development
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Floor plans of the development
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Furniture

Walls & ceiling: Two coats high opacity matt white emulsion.

Flooring: Oak effect laminate flooring and wet areas vinyl floor covering.

Joinery: 100*25 mm square edge softwood skirting; 75*25mm square edge softwood architrave.

Windows: Bull nosed softwood window board; Primed undercoat and gloss in white with eggshell finish.

Doors: Oak foil veneer door with steel hinges and chrome handle, top hung closer and room number.

Furniture pack: 1200 mm bed; Desk, desk chair; Wardrobe; Wall-mounted 28� television; High speed broadband throughout.

En-suite: White W/C; White wash basin and pedestal with chrome mixer tap; White shower tray; Wall mounted shower; Glass shower screen.

Quarter/Area

Bradford is part of the West Yorkshire Urban Area conurbation, which is the fourth largest urban area in the UK with a population of 1.5 million.

Bradford itself has a population of nearly 530,000 people.

Bradford is only 8.6 miles (14 km) from Leeds, and an hour from Manchester by train. It is close to both the Peak District and the Yorkshire Dales.

A university town, Bradford University has 10,525 undergraduate and 3,050 postgraduate students.

Culturally, Bradford has a lot to offer, including diverse museums and festivals.
Bradford is recognized as the first ever UNESCO City of Film, due to the city�s rich film heritage.

Cultural highlights include the National Media Centre, historic Alhambra Theater, Cathedral, Impressions Gallery, i-max cinema and Bradford FC.

For sports lovers, there�s Bradford City football team, and the rugby league club, the Bradford Bulls.

Bradford offers diverse restaurants, night clubs, cafes and other places to visit.

Economy

Worth £8.3 billion annually, Bradford has the second largest economy in the Leeds City Region.

Output is projected to increase by 15% by 2020.

Regeneration of the city Centre aided by the £17.6 million
Regional Growth Fund has stimulated investment and business expansion.

Bradford is home to the headquarters of major UK businesses including Morrisions, Yorkshire Building Society and Yorkshire Water and many more.

Commerce

There are plenty of opportunities for shoppers in Bradford:

the Kirkgate Centre;

the Forster Square Retail Park;

the newly built Westfield shopping centre with 570,000 sq. ft. of retail space and over 70 shops;

the largest Asian department store in the UK, Bombay Stores;

many independent businesses and markets popular for their world food, including authentic Caribbean produce.

Payment plan

Cash Purchase (No Developer Finance)
£5000 Reservation Fee
50% Deposit on Exchange (less £5000 Reservation Fee)
50% on Completion (less accrued 5% Deposit Interest)

For example:
Purchase Price: £39,995
Unit: En-Suite
Reservation Fee: £5,000.00
50% Exchange Funds (Less Reservation Fee): £14,997.50
50% Completion Funds (less 5% Interest accrued on Deposit Funds): £19,997.50

9% Yield per year: £3,599.55
Yield over 3 years: £10,798.65
Yield (%) after deducting ground rent (£300): 8.25%
Yield PA (£) after ground rent: £3,299.55
Yield over 3 years after ground rent: £9,898.65

Guaranteed rental income
9% Yield Guaranteed for 3 Years

For example:
Purchase Price: £39,995
Yearly: £3,599.55
Quarterly: £899.89
Monthly: £299.96
Total Return over 3 years*: £10,798.65
* Less ground rent @ £300 per annum
ROI: 27%

Projected costs (per annum) after 3 year guarantee period:
Service charge: £963.34
Ground rent: £300
Letting fees: 8% rental income

Predicted rental income review � 5 year period

For example
Purchase Price: £39,995
Rental income per week (predicted increase at 2% PA):
Year 1: £90
Year 2: £91.80
Year 3: £95.40
Year 4: £97.20
Year 5: £99.00

Yearly (52 week contract):
Year 1: N/A
Year 2: N/A
Year 3: N/A
Year 4: £5,054.40
Year 5: £5,148

Quarterly:
Year 1: N/A
Year 2: N/A
Year 3: N/A
Year 4: £1,263.60
Year 5: £1,287

Monthly:
Year 1: N/A
Year 2: N/A
Year 3: N/A
Year 4: £421.20
Year 5: £429.00

Guaranteed income � 9% yield:
Year 1: £3,599.55
Year 2: £3,599.55
Year 3: £3,599.55
Year 4: N/A
Year 5: N/A

Service charge (predicted increase at 1% PA)
Year 1: N/A
Year 2: N/A
Year 3: N/A
Year 4: £963.34
Year 5: £972.97

Ground rent: £300 per year

Management fees (predicted 8% rental income)
Year 1: N/A
Year 2: N/A
Year 3: N/A
Year 4: £404.35
Year 5: £411.84

Total costs:
Year 4: £1,667.69
Year 5: £1,684.81

NET Income:
Year 1: £3,299.55
Year 2: £3,299.55
Year 3: £3,299.55
Year 4: £3,386.71
Year 5: £3,463.19

ROI
Year 1: 8.25%
Year 2: 8.25%
Year 3: 8.25%
Year 4: 8.47%
Year 5: 8.66%

Additional fees

List of additional costs on top of the purchase price:
Ground Rent Per Annum: £300

Recommended Solicitors Legal Fees and Disbursements (per Unit):
Legal Fees: £450.00 + VAT £90.00
Same day bank transfer fee x 2: £60.00 + VAT £12.00
Land registration fee: £40.00
Land registry search fees: £3.00
Search insurance: £35.00
TOTAL: £588.00 + VAT £102.00

Projected costs (per annum) after 3 year guarantee period:
Service charge: £963.34
Ground rent: £300
Letting fees: 8% rental income

University of Bradford

The University of Bradford is a public, plate glass university located in the city of Bradford, West Yorkshire, England.
The university received its Royal Charter in 1966, but its origins date back to the early 19th c.

There are 2 campuses: the main campus located on Richmond Road and the School of Management, at Emm Lane.

The student population includes 10,525 undergraduate and 3,050 postgraduate students.
22% of students are foreign, and come from over 110 different countries.

It was the first British university to establish a Department of Peace Studies in 1973. The division has a reputation as a centre of excellence in peace research, international relations, security studies, conflict resolution and development and peace studies.

The University has been ranked in the top 50 in the UK for the quality of its research.

In 2005, a £84 million redevelopment of the campus was announced, and a project to create the world's first 'Ecoversity' was formed. The university aimed to reduce its environmental footprint by reducing waste and using sustainable materials.
As part of this, Bradford became a Fairtrade University in December 2006.

Bradford University School of Management proudly ranks within the Financial Times Top 60 European Business Schools, with individual rankings for the Full-time MBA, Distance Learning, MBA and Master�s in Management programmes making up our overall School ranking.

The rankings evaluate programmes offered by business schools from all over the world based on career progression of alumni three years after graduation, the academic excellence of the faculty and the programme�s international scope.

Contacts

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Ivan Lardev

Sales Director
Office Headquarters, Sofia

+359 988... +359 988 170 903 show number
+359 2 4... +359 2 454 13 17 show number
+359 883... +359 883 700 335 show number
ivan@... ivan@stonehard.bg show e-mail
Ref. No.: ENG #122

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SOLD OUT GUARANTEEDINCOME Student accommodation near Bradford University

Complex/building features

Distances

Rental income features

Exit strategy

Unit/apartment features

Facilities in the complex/building

Capital appreciation (p.a.)

Location (approximate)

Gallery

Floor Plans

Furniture

Quarter/Area

Payment plan

Additional fees

University of Bradford

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SOLD OUT GUARANTEED
INCOME Student accommodation near Bradford University

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