Property Highlight: Development site - 120 apartments, Bradford, UK

May 23, 2023

This week's instalment of our Property Highlight series showcases a prime residential development site for 120 apartments in West Yorkshire, UK.

Located just off the Otley Road main arterial route, in a popular and convenient area on the outskirts of Baildon and Shipley, city of Bradford, this development site of approximately 1.45 acres in size has planning permission for 120 apartments. 

The site originally formed part of a larger planning application dating back to 2007, with the other elements of the site having already been constructed some years ago, leaving this plot remaining undeveloped. The proposed 120 apartments are distributed across two main interconnecting 6-storey buildings with on-site and undercroft parking; however, the council would support other forms of applications, including light industrial, commercial, offices and possibly retail. Further information can be obtained via the Bradford planning Portal using reference 07/00464/FUL, and there may be a possibility to renegotiate the original S106 agreement.

The site has many excellent amenities nearby, including a Tesco convenience store, a large Greens Gym, a brand-new Lidl and a drive-through Costa Coffee (under construction). There are further amenities in Shipley Town Centre and Baildon Village centre. The site is well served by transport links, including bus stops on Otley Road and Shipley Railway Station, with regular and direct access to Leeds and Bradford city centres just 0.9 miles away. There are also some excellent walks from Baildon Moor, Ilkley Moor and the nearby Canal and River.

The case details

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Note: The details provided above do not constitute advice; it remains your responsibility to assess the information provided.

Financial details

The summary below provides the Agent’s figures and compares them against our platform's independent market statistics, which have been obtained from more than 10 unique sources.

Agents figures

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Note: The details provided above do not constitute advice; it remains your responsibility to assess the information provided.

Market data

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Investment details

The graph below provides a summary of the investment details of the property. 

Development

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For more information on this property, to register your interest or to reserve the property from the marketplace, click here.

By the team at Navian, Published May 23, 2023

Navian Administrator

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