LIO GLOBAL

The Print Factory

From £120,000

The original building was built in 1936 by W N Sharpe of Bradford as the Headquarters for his successful printing business.

In 1984 Hallmark Cards acquired W N Sharpe’s printing operation for nearly £21m.The Printworks occupies a highly sought after affluent location within the popular city of Bradford.

The building will create 137 apartments.

There will be an on-site letting office for TIR Lettings and a coffee shop.

SCHEME OVERVIEW & HIGHLIGHTS:

  • TOTAL UNITS: 137
  • PRICES: From £120,000 (1 beds) – £155,000 (2 beds)
  • RESERVATION FEE: £5,000 – Deductible upon Exchange
  • EXCHANGE DEPOSIT: 20%
  • COMPLETION FUNDS: 80%
  • PARKING: Included
  • LEASE: 250 years
  • GROUND RENT: 1%
  • SERVICE CHARGES: £798.89 Per Annum, Per Apartment
  • RENTAL GROSS YIELDS: Up To 6% | Short Term Serviced Lets – Up To 12.5%
  • PRACTICAL COMPLETION:Q3 2023
  • WARRANTY: 10 YEARS
  • DEVELOPER: The Investment Room – Cash funded since 2009 https://www.theinvestmentroom.co.uk/(see website for developer’s reviews as well as current and previous projects)
  • AMENITIES:  Bradford City Centre 3.2 Miles | Leeds City Centre – 12.9 Miles | Leeds Bradford Airport – 9.3 Miles | University of Bradford – 3.1 Miles | Bradford Royal Infirmary – 1.9 Miles | Bradford Interchange Railway Station – 3.6 Miles

THE JEWEL OF THE NORTHERN POWERHOUSE:

  • The Northern Powerhouse is the government’s vision for a super-connected, globally-competitive northern economy with a flourishing private sector, a highly-skilled population, and world-renowned civic and business leadership
  • A new high-speed rail link between Leeds, Bradford and Manchester
  • Northern Powerhouse Rail could boost the economy by £22bn in the next 3 decades
  • 6% Potential increase in productivity equivalent to £16.5bn
  • 8% Potential increase of GVA in the north over 10 years
  • 5% Potential increase of GVA in the north over 10 years

TRAVEL DISTANCES:

Leeds Bradford Airport: 27 mins / 9.3 miles

Leeds City Centre: 37 mins / 12.9 miles

University of Bradford: 10 mins / 3.1 miles

University of Leeds: 34 mins / 12.9 miles

First Direct Arena: 34 mins / 13.2 miles

Manchester Piccadilly by Train: 1 hour 24 mins / 40 miles

Media City: 60 mins / 47 miles

 

Some example units:

 

THE PRINTWORKS – BRADFORD    
137 UNITS     
FLATFLOORBEDSSQ MTSQ FTPSFLIST PRICE
451255592£261.82£155,000
571256603£257.14£155,000
871139420£285.86£120,000
1072137398£301.31£120,000
1352139420£285.86£120,000

ENQUIRE

Contact

Sophie Gamborg
Guy Gillespie

The Printworks

Payment Plan Example

(Exchange Rates as of Jan 2023)

Starting prices:

1 bed: £120,000 / R2,508,941 (includes parking)

2 beds: £155,000 / R3,240,573 (includes parking)

Projected Yields – Up to 6% long lets and 12% Short Lets

Payment Plan Example for 1 bed at £120,000:

WITH NO MORTGAGE

  • Reservation: £5,000 / R104, 534
  • 20% Exchange: £19,000 / R397,231
  • 80% Completion (Q3 2023): £96,000 / R2,007,064

USING 70% MORTGAGE

  • Reservation: £5,000 / R104, 534
  • 20% Exchange: £19,000 / R397,231
  • Completion ~ Residual Deposit: £12,000 / R250,814
  • Completion ~ Mortgage: £84,000 / R1,755,703

Total Cash Required £36,000 / R752,312

Payment Plan Example for 2 bed at £155,000:

WITH NO MORTGAGE

  • Reservation: £5,000 / R104, 534
  • 20% Exchange: £26,000 / R543,112
  • 80% Completion (Q3 2023): £124,000 / R2,590,227

USING 70% UK MORTGAGE

  • Reservation: £5,000 / R104, 534
  • 20% Exchange: £26,000 / R543,112
  • Completion ~ Residual Deposit: £15,500 / R323,778
  • Completion ~ Mortgage: £108,500 / R2,266,449

Total Cash Required £46,500 / R971,252

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