Development details

  • 10% net rental yield
  • Completed and tenanted
  • Fully managed for 25 years by a housing association
  • Government backed and rentals paid by the Department of Work and Pensions
  • Assured rents increase with CPI making the investment fully inflation proof
  • No landlord costs such as Ground Rent, Service Charge, Buildings Insurance, and Management Charges
  • No void periods, rents are paid on the 1st of every month
  • One bedrooms generate £1,517 per month net
  • Buy back option available in year 3 with a 30% uplift in sale price
  • Housing association is a non-for-profit charity regulated by the FCA

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Prices from

£182,000

Prices to

£182,000

Completion date

Completed

Location

Bradford, B1

City Exchange

City Exchange is an Assisted Living development comprising 119 one-bedroom apartments located in Bradford. With 10% net yields, fully managed for 25 years by a housing association, City Exchange is a secure investment opportunity offering strong inflation-linked income and no typical landlord costs with an exciting buy back option.

Located in the commercial and administrative heart of Bradford City Centre, City Exchange commands a prominent and central corner location at the junction of Hall Ings and Nelson Street. The impressive nine-story building consists of 119 one-bedroom apartments with 73 parking spaces available in the underground car park, the apartments are designed with open-plan living rooms and kitchen areas. All featuring high-specification fitted units and appliances.

This property boasts a prime location directly facing City Hall and is in close proximity to the Bradford Bus/Rail Interchange. To the north, the property adjoins the Bradford Hotel (formerly Norfolk Gardens), St Georges Hall, and The Victoria Hotel. Meanwhile, to the south, additional Bradford Council Offices are situated in Jacobs Well and on Prince’s Way. 

5/5 (1 Review)

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    Adil Sheikh
    Adil Sheikh
    9 April 2024
    The team at GETS property are wonderful, I can’t recommend them enough. I’ve only worked with Scott and Taryn, but they really know how to look after their clients. They were more than happy to advise and educate me whilst I was new to the world of property investment and helped me secure a deal on a property that I am really excited about. I look forward to working with the team again soon!
    Ellie Smith
    Ellie Smith
    6 October 2023
    What an amazing company ! I have today exchanged on my first off-plan apartment in my favourite northern city, and it’s so exciting !! Gerallt and Taryn in particular have each been amazingly helpful and very supportive ALL the way through what is a first time process for me , explaining to me each step in detail from choosing and negotiating through to exchange and beyond. I am truly impressed with these people . I’ll be off soon for a drink to celebrate but just to say everyone needs a G&T in their property journey for sure !….. 🍸
    AJ Edwards
    AJ Edwards
    4 September 2023
    We would highly recommend Scott. This would be our first Property Investment, he went over & beyond what was asked. Very knowledgable and provided us with a vast amount of options to choose from. Their office space is cool too.
    Raminder
    Raminder
    24 August 2023
    Thank you Geralt for all your advice and understanding our investment requirements. Geralt’s rapport with the developers also made us feel comfortable about the investment . Definitely recommend their firm and look forward to our first investment journey with them.
    Rebecca M
    Rebecca M
    20 June 2023
    Extremely knowledgeable and well connected with the clients and communities best interests at heart. I would recommend
    Jack Benson
    Jack Benson
    16 June 2023
    Very knowledgable and helpful people. Thank you so much!