€ 64,723 | USD $ 70,846
Bathrooms: 1, Showers: 1
Size: Floor: 385 (sq ft)
, Estimated Date of completion: December/2016
Advert last updated: 10/21/2015
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1 Bed Apartment For Sale, 386 Sq,Mtrs – 2nd Floor – City Views - £54,950 - Xchange Bradford - 8% net rental guarantee for 2years with option to renew - City Centre Location- - Excellent Payment Terms- Funds Kept In Escrow - Income From Day 1 on this alternative asset investment opportunity - Completion Oct 2016.
Invest in a whole new urban living experience
The Xchange is an iconic building set in the very centre of the city of Bradford. Previously known as Arndale House, The Xchange will shed its commercial roots as it’s transformed into a modern residential hub. Located next to the £260m Broadway Shopping and Leisure complex with a whole host of bars and restaurants, The Xchange is the perfect residential hotspot for those looking to embrace a more urban lifestyle.
Bradford is a city of culture, heritage and plenty of natural beauty. As one of the fastest growing energetic cities in the UK, investment is pouring into the city centre with business, retail and housing developing at an increasing pace.
Located in West Yorkshire, 8.6 miles west of the city of Leeds, Bradford’s cultural diversity makes the city an exciting place to work and live. It is the world’s first UNESCO city of Film, home to the National Media Museum and has been voted the UK’s Curry Capital for 3 years running. There is
something to offer every lifestyle. The city centre is in the process of undergoing a huge transformation as the Broadway Shopping Centre, part of the iconic Westfield shopping family, is currently under construction. Due to open in November 2015, the centre is located right next to The Xchange, offering residents an experience like no other. Leading high street shops, fitness and leisure facilities, top restaurants, bars and cafes will quite literally be on the doorstep, making Bradford a great place to live.
A City for Investment
This is a city brimming with confidence. Millions of pounds of recent investment has poured into the heart of the city; upgrading public spaces and paving the way for major investment and business opportunities.
Over the years, Bradford has successfully diversified into a number of key business sectors including construction, financial services and retail, whilst maintaining a solid foundation in modern manufacturing with 160,000 jobs across the wider city region.
With an economy worth over £8.3 billion and a number of leading UK businesses headquartered in Bradford, including Yorkshire Building Society, the city is predicted to be the fifth fastest growing city outside of London.
Bradford is also home to Bradford University and is in the top 10 for graduate employment in the UK, ensuring that its 35,000 students will continue to contribute to the fast growing working population and diverse economy.
Why Invest Invest Exchange Bradford?
• Mixed retail and residential development over 9 floors
• 126 one and two bedroom apartments over floors 2 – 8
• 250 Year Leasehold
• Prices for 1 bed apartments Starting from £54,950
• Rental Assurance Option of 8% pa Net Yield for 2 years
• Interest Payable on Investors Deposited Funds From Day 1
• Roof garden with seating areas and water feature
• Secure car park facilities
• Award winning architects to transform building
• Established retail units and easy Gym on ground floor
• Located directly next to the Broadway Shopping Centre
• Completion Dec 2016
Note: set currency GBP – Prices Starting From GBP54,950 To GBP79,450
Fully Furnished and Serviced Apartments for short term and long term guests as part of a
Mixed Use Development:
• Gated Development
• Valet Parking
• Café/Breakfast Lounge
• Reception/Front Desk/Concierge
• Pool Table
• Currency Exchange
• Laundry Services
• Wi-Fi in all rooms
• Wi-Fi in Public Areas
• ATM Cash Machine on Site
• Disable access
• 24 hours security
• Communal Gardens & Fountain
• BBQ Area
• Bicycle Stand & Free Car Parking Spaces
• Recreation Lounge
• Walking distance to Town Centre and Tourist Attractions
• Minutes’ walk to Transport facilities
• In close proximity to University of Bradford.
All apartments will include:
• Fully fitted kitchens with appliances
• Contemporary bathroom fittings
• LED lighting throughout
• Fully carpeted bedrooms
• Laminate flooring to hallways, kitchen, bathroom and living area
• Safety and security features such as CCTV entry system
• Key card entry system
• Secure parking
You will have three options on how you decide to manage your unit.
• Option 1: Self Manage
• Option 2: Choose a letting agent of your choice
• Option 3: Live in the apartment yourself
Solicitors Fee: £1,113 - £1,385
Ground Rent & Service Charges
Ground Rent £399 per annum For 1 Bed | £450 For a 2 Bed
Nearest Airports: Mancheter Airport, 30 km | Birmingham Airport, 70 km
Simply choose your unit(s) and pay £3000 reservation fee.
Choose from 2 payment options:
Option A: 50%/30%/20%
Reservation fee, upon exchange pay 50% (less reservation fee) a stage payment of 30% (due 60 days after exchange) and a final payment of 20% upon completion.
This option includes a 4% Coupon on deposited monies from exchange to Practical Completion. This will be balanced and deducted on your completion statement.
Option B: 80%/20%
Reservation fee, upon exchange pay 80% (less the reservation fee) and a final payment of 20% upon completion.
This option includes a 6% Coupon on deposited monies from exchange to Completion. This will be balanced and deducted on your completion statement.