This would make an ideal buy for a landlord looking for a high yield and growing their portfolio. The first floor 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. 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 lease is 125 years from March 2012.

Energy Efficiency Rating (EPC)

Current Rating D

Additional Fees

Buyer's Premium - Buyer’s Premium: £1,200 inc VAT. Search Fees: £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.