Elavace are proud to bring you our latest project: Bijou Bradford.
The 46-unit student accommodation development promises to provide investors with the opportunity to purchase low-risk, completed & tenanted studio apartments, generating immediate rental income from day-1, equalling 7% annual NET.
Attention to detail has been given in each studio apartment, comprising an en-suite bathroom, stylish interior, top-of-the-range appliances and television ready to move in.
Sharing a fully fitted kitchen and laundry room, students have direct access to a large open plan living space, featuring a retro arcade room with mini cinema, perfect for students who want to socialise with their neighbours and friends.
• Free on-site parking
• Security fob access
• Reception with post boxes
• Bike storage
• Laundry room
• Retro arcade room and mini cinema
Bradford is a great fast expanding northern city with lots of underexploited potential. It has some of the lowest property prices in the UK, which makes Bradford a prime spot for property investors looking for affordable property with the lure of future capital appreciation and to enjoy a good rental income throughout.
With the current bid for Capital of Culture 2025, Bradford’s future growth is particularly attractive to property investors, with more than £500 million gone into improving the city centre and a further £200 million dispersed among the wider regional district.
From the student accommodation perspective, the opportunities for developers and investors are clear. Bijou will cater to a city with the fastest growing youngest population outside of London, placing accommodation for students and young professionals at a premium.
Based on the university campus, Bijou will be in a prime position for the student accommodation market.