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Chapel Street

Location
Bradford
No. of apartments
84
Assisted living apartments from
£152,942
Image of Bradford city centre, the home of Chapel Street

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    Chapel Street Overview

    Chapel Street is an excellent opportunity to invest in an income-generating block of 84 assisted living apartments in the booming West Yorkshire city of Bradford that is currently generating an impressive 8.5% yield, with each unit generating £250 per week. This newly refurbished property benefits from an excellent location in the city centre and consists of 84 apartments.

    One of the most unique aspects of investing at Chapel Street is that it is currently being leased to the non-profit housing company Yale Housing Association Limited under a fully internally repairing insurance (FIRI) lease that also includes annual Consumer Price Index (CPI) increases, and with the national CPI rising at an unprecedented rate in recent years, the scope for growth in rental income through CPI increases is extremely high.

    Chapel Street has recently been refurbished to an extremely high standard and makes for an excellent investment.

    Chapel Street Investment Highlights

    • Purchase price: £152,942
    • 8.5% yields
    • 25-year lease by Yale Housing
    • Earn income instantly
    • FIRI lease with annual CPI increases
    • Recently completed to a high standard
    • 84 apartments

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      We respect our clients' privacy. Your personal details will not be shared with third parties. By submitting your details you consent to being contacted by Knight Knox by telephone and email for this and similar marketing material.

      Chapel Street external
      Chapel Street internal

      Yale Housing Association Limited

      Chapel Street is currently being leased to Yale Housing Association Limited on a 25-year lease. Yale Housing is a not-for-profit company that delivers intensive housing management to vulnerable people within local communities and provides the very best support possible to fulfil daily tasks that most people take for granted.

      Yale’s sister company is regulated under the Care Quality Commission (CQC), which enables Yale to help people who need regulated care to live safely within the community in property commissioned by the local authority. Yale has also been registered as a CBS company since 2020, enabling them to have charitable status which is regulated not only by the FCA but also by HMRC.

      Why invest in Bradford?

      Located in West Yorkshire in the North of England, Bradford is a vibrant city that has a rich and diverse culture. The city has seen a resurgence in recent years and is currently undergoing a 12-year regeneration program that is aiming to boost the city’s economy, improve connectivity to other areas of the country and to improve areas within the city centre and as a result, improving the property market in the city.

      Nearby

      • Little Germany (0.2 miles)
      • Bradford Train Station (0.4 miles)
      • Broadway Shopping Centre (0.4 miles)
      • Bradford College (0.8 miles)
      • University of Bradford  (1.0 miles)

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        We respect our clients' privacy. Your personal details will not be shared with third parties. By submitting your details you consent to being contacted by Knight Knox by telephone and email for this and similar marketing material.

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        Floorplans

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