Log In/Sign Up
Your email has been sent.
Blakeridge Mill Village Upper Blakeridge Ln 284 Unit Apartment Building $63,912,658 CAD ($225,045 CAD/Unit) 8.80% Cap Rate Batley WF17 8RA
Investment Highlights
- The opportunity to acquire a 284-unit regional stabilised Build-to-Rent asset with strong amenity offering
- Strong track record of stable occupancy and tenant demand (avg. period of occupancy 2 years)
- Evidenced operational costs at 27%. Existing management solution can be retained
- Currently generating a gross income of £3,080,820 pa (98% let)
- Located 7 miles southwest of Leeds city centre
- c.30% rental growth over the past 6 years
Executive Summary
Blakeridge Mill Village is an impressive Build-to-Rent residential community of 284 apartments. The development is formed of four blocks being Blakeridge Mill, Jubilee Mill, Chocolate Box and the Pavillion. The development offers a blend of character architecture and modern living, with high-quality apartments finished to contemporary standards. Many homes feature open-plan layouts, integrated appliances, double glazing, and electric heating, creating stylish, comfortable spaces designed for modern lifestyles. Residents benefit from a range of on-site lifestyle amenities, including access to a gym and swimming pool, as well as secure on-site parking (370 marked spaces) which is a valuable asset in this location. The village environment provides a quiet, community-focused setting while maintaining the convenience of urban living. Offering a rare mix of heritage charm, modern specification, on-site facilities, and strong transport connectivity, Blakeridge Mill Village provides a distinctive and attractive residential offering which appeals to families, singles and couples due to the range of accommodation on offer.
Property Facts
| Price | $63,912,658 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $225,045 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 10.36 AC |
| Cap Rate | 8.80% | Building Size | 114,484 SF |
| Tenure | Freehold | Average Occupancy | 98% |
| No. Units | 284 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 2010 |
| Property Subtype | Apartment |
| Price | $63,912,658 CAD |
| Price Per Unit | $225,045 CAD |
| Sale Type | Investment |
| Cap Rate | 8.80% |
| Tenure | Freehold |
| No. Units | 284 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 10.36 AC |
| Building Size | 114,484 SF |
| Average Occupancy | 98% |
| No. Stories | 5 |
| Year Built | 2010 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Kitchen
- Ice Maker
- Refrigerator
- Satellite TV
- Oven
- Carpet
- Wi-Fi
- Yard
- Dining Room
- Freezer
- Smoke Free
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Pool
- Breakfast/Coffee Concierge
- Wheelchair Accessible
- Wi-Fi
- Bicycle Storage
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 141 | - | - |
| 2+2 | 143 | - | - |
1 1
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Blakeridge Mill Village | Upper Blakeridge Ln
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.