Richmond Road, Bradford, West Yorkshire, BD7

- PROPERTY TYPE
Flat Share
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Games Room
- Investment
- 9% Potential Yield
- Double Glazing
- Fitted Kitchen
- En Suite Bedroom
- Fully Furnished
- Communal Garden
- Shops and Amenities Nearby
- Close to Public Transport
Description
Bradford Economic Overview Capital of Culture 2025: Culture minister Sir Chris Bryant said: "Bradford City of Culture 2025 is going to be one of the biggest, transformative events in Bradfords history. Its an opportunity to bring in vast amounts of money from people coming as tourists from both across the UK and from overseas.
Location
The main University of Bradford campus is within walking distance of the city centre. Bradford is the world-s 1st UNESCO City of Film and home to the UK National Media Museum, which makes Bradford a great place to study Film/Media related courses. Bradford is the third largest city in Yorkshire and the most improved city in the UK (the Good Growth for Cities index), which promises great job opportunities and a vibrant life.
The library, computing and sports facilities are open for extended hours during evenings and weekends and, together with centralised student support activities, provide all the social, recreational, study and welfare facilities necessary for a rich learning and social lifestyle for both students and staff on one campus.
The cities of Leeds, York, Manchester and Sheffield are less than an hour away by car, supported by an excellent public transport system. The countryside is within walking distance from the city centre.
Why invest in Student Accommodation?
For years, universities have struggled to cope with the ever- increasing demand for student beds as more and more students apply for universities. This demand paired with a lack of stock on offer has resulted in a boom in the private student accommodation investment market, with student property now one of the leading property investment classes.
01 Extremely high demand
According to historic HESA data and Savills projections between the 2016/17 and 2022/23 academic years, the number of full-time students in the UK will have increased by over 15% in the UK. These elevated numbers are only further increasing the demand for private student property.
02 Lower entry points
Due to the predominantly smaller units on offer, student properties tend to offer significantly lower entry prices when compared to residential and commercial properties.
03 Higher rental yields
Student investment properties also usually offer higher rental yields when compared to residential properties. This is thanks to the aforementioned lower purchase price.
04 Less frequent void periods
Given the immense demand for privately owned student accommodation, void periods within the standard academic year are much less likely to occur, especially as student numbers continue to rise.
05 Recession-proof
One of the biggest positives of investing in student property is the fact that these kinds of properties are very rarely impacted by external economic uncertainty or house price fluctuations. Throughout the last few years of instability, student numbers have continued to increase, further highlighting the stability of student property investment
Reservation
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Ref: 2139
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Richmond Road, Bradford, West Yorkshire, BD7
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Visit our security centre to find out moreDisclaimer - Property reference 2139. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Biscayne Properties, Bradford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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