This 5th Floor studio apartment in Bradford city centre is sure to appeal to those looking to add to a buy-to-let portfolio. The current tenant is paying £350 PCM generating an income of £4,200 per annum, meaning the property is currently generating a gross rental yield of 42% based on the guide price. The property is in Bradford city centre, close to Bradford University and Bradford Forster Square train station. Lease: 299 years from 7th April 2016 Ground Rent: £249 per annum Service Charge: £730.53 per annum Annual Building Insurance: £700.00 per annum on average
Fifth Floor
Living/kitchen/bedroom area and shower room.
Additional Information
Council Tax
Bradford Metropolitan District Council - Band A
Tenure
Leasehold
Disclaimer
Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
Charges and Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT. Searches £240 inc VAT
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - See above
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.