This would make an ideal buy for a landlord looking for a high yield and growing their portfolio. The unit is currently let, generating an income of £4,200 per annum. Forming part of a larger flat within the development, the unit comprises a pod bedroom with en suite shower room and has use of a communal kitchen/living area. The building has a ground floor communal reception entrance with lift access. Colonnade House is located within walking distance of the city centre, rail/bus stations and Bradford University. We also have Flats 703 and 822 available, within the same auction, should anyone wish to buy more than one. The lease is 125 years from March 2012 and have been advised by the seller that the service charge for the unit is £540 per quarter. Please refer to the legal pack for confirmation

Tenure

Leasehold. The property is held on a 125 year lease from March 2012.

Accommodation

A pod bedroom with en suite shower room and has use of a communal kitchen/living area

Lot Type

Residential

Additional Fees

Buyer's Premium - £1,200 inc VAT Search Fee £240 inc VAT

Administration Charge - See above

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.