This would make an ideal buy to let for a landlord looking to generate a high yield. Currently tenanted the property is generating an income £3,900 per annum, meaning the property is achieving a net rental yield of 16% based on the guide price. The property comprises, a pod bedroom with en suite shower room. There is also shared use of a communal kitchen/living area. The building has a ground floor communal reception entrance with lift access. The development is located within walking distance of the city centre, rail/bus stations and Bradford University. Lease Length - 125 years From March 2012 Service charge - £540 per quarter Ground Rent - £300 per annum The property will be sold as seen
Tenure
Leasehold.
Lot Type
Residential
Additional Fees
Buyer's Premium - Buyers 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.