Hands-off, income-focused studio in a Grade II converted building with long-term management..
High NET assured yields under a 25-year management agreement
Studio, compact open-plan living — c.377 sq ft
Grade II listed conversion — restrictions on alterations likely
125 years remaining on lease
Fully completed and tenanted for hands-off ownership
Very slow broadband speeds — limited connectivity
Located in an area of higher deprivation — demand driven by affordability
Built in 1936; period character with modern interior finishes
This studio apartment at Card House is offered as a hands-off Specialist Supported Housing investment in Bradford. The converted Grade II building, originally built in 1936, has been adapted into 144 finished apartments and benefits from a 25-year management agreement and assured NET yields for that period. The apartment is compact (c.377 sq ft) with a bright open-plan layout, high ceilings and modern finishes.
Card House combines period character with contemporary fixtures: large windows maximise natural light, and the kitchen is fitted with gloss units and integrated appliances. The property sits in BD9 close to local bus links and a short drive to nearby rail services, making it practical for tenants and easy to let within the supported-housing sector.
Buyers should note material facts plainly: the building is Grade II listed, which can complicate alterations and maintenance; the local area records higher deprivation levels; and broadband speeds are very slow. The lease has 125 years remaining and the investment is sold with a long-term management contract, so this is suitable for investors seeking a largely passive income stream rather than an owner-occupier wanting full control.
Overall this is a specialist, income-first opportunity: compact, ready-let accommodation in a managed supported-housing scheme, with strong yield credentials but some limitations around listing restrictions, connectivity and local economic challenges.
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