Chapel Street
- Location
- Bradford
- No. of apartments
- 84
- Assisted living apartments from
- £152,942
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 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 for 25-years
- Earn income instantly
- FIRI lease with annual CPI increases
- Recently completed to a high standard
- 84 apartments
Invest in Assisted Living UK
The supported living market is one of the most secure and profitable markets for property investment, with many properties receiving above-average rental yields whilst also being protected by long-term government leases in the majority of cases.
Supported living property investment offers investors the chance to benefit from a strong return on their investment whilst also seeing the tremendous benefits these kinds of properties can have on the residents who inhabit them. Here at Knight Knox, we offer a range of on and off-market opportunities to invest in completed, income-generating supported living properties in the UK, get in touch today to find out more.
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)
Floorplans
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Deluxe studio apartment example
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Please note: All plans are provided by the developer for marketing use only and are subject to change.
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