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The Green Student Village, Bradford BD7 1BX, Bradford, BD7 1BX

not specified / Other

Withdrawn - Last updated: 11 April 2023

A prime purpose built student accommodation village located adjacent to the University of Bradford’s campus and comprising 1,026 bedrooms.- The property is subject to a Nominations Agreement with the University of Bradford for a term of 20 years.- Annual rental increases to RPI with a collar and cap of 2% and 4%.- The property provides the University’s main accommodation residence.- Excellent central location in Bradford city centre.- Close proximity to sustainable transport links to Bradford City Centre.- Highest BREEAM rating in the world of 95.05%.- The accommodation benefits from a very high quality specifi cation with a mixture of en-suite cluster flats and townhouses.- Communal facilities and retail unit are also provided.- The gross projected income is £4,279,653 for the 2011/2012 academic year.- The accommodation is let on 42 week tenancies with the potential to generate further income over the summer period.- 9,870 full time students studying at the University of Bradford and of these 6,839 (69%) are unable to obtain university or private sector accommodation.- Offers are being sought for the freehold and long leasehold interest in excess of £44 million which reflects a net initial yield of 6.8% assuming full purchasers costs of 5.8%.

Location

The Green Student Village, Bradford BD7 1BX, Bradford , BD7 1BX, Yorkshire, Yorkshire & Humberside


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