Bradford, BD12 8QL | Investment Property for Sale | VES-BD12-001

Opportunity to purchase a semi-detached house in Bradford generating £5,256 rent pa and a gross yield of 5.8%

£90,000

Semi-detached House

VES-BD12-001

INITIAL INVESTMENT

£41,200

GROSS RENT / YIELD

£5,256 / 5.8%

NET RENT / YIELD

£4,037 / 4.5%

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The property

TENANCY

Tenanted

TENURE

Freehold

3 bedrooms

1 bathroom

2 reception rooms

989

Unfurnished

Property information

  • Spread over 2 floors
  • Separate lounge and dining room
  • Kitchen leads out into garden
  • Enclosed patio garden with outhouses for storage
  • EPC rating D
  • Monthly rental income £438

Note

We are currently awaiting the tenancy agreement from the landlord and will update the listing when received.

Floorplans

Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

Financials

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Rental Income

GROSS RENT PER ANNUM

£5,256

Equivalent of £438 per calendar month (PCM).

GROSS RENTAL YIELD

5.8%

Gross rent per annum divided by the purchase price.

NET RENT PER ANNUM

£4,037

Gross rent per annum minus fully managed operating costs.

NET RENTAL YIELD

4.5%

Gross rent per annum minus fully managed operating costs divided by the purchase price.

FULLY MANAGED OPERATING COSTS

£1,219

The total estimated sum of expenses calculated annually assuming a fully managed service.

Click to understand assumptions.

Disclaimer

All financial information is provided as a guideline only, is based on estimates and assumptions and is subject to change. Buyers are advised to seek independent financial advice. Capital at risk.

About Bradford, West Yorkshire

Bradford is located in the moorland region called the South Pennines, situated about 8.6 miles west of Leeds and 16 miles northwest of Wakefield.

Bradford has an impressive history and this is reflected in the striking architecture found throughout the city. It was once considered to be the wool capital of the world and is now proud to be the first ever UNESCO City of Film. Bradford is also a cultural city with a flourishing arts scene, fascinating exhibitions and beautiful theatres. There are attractions such as the National Science and Media Museum, Cartwright Hall and Impressions Gallery.

A ten-year plan to drive forward regeneration in Bradford city centre has been unveiled by Council bosses. A new film production hub for the city, better road and rail links and the ‘reinvention’ of the Thornton Road university and college area are all on the cards over the next decade. The Bradford City Plan also brings together much-publicised plans for a redeveloped Odeon, a refurbished St George’s Hall, a new city-centre pool and a retail academy.

A number of major companies have their headquarters in the city including Morrisons, Provident Financial, Yorkshire Building Society and Hallmark Cards. This includes two FTSE 100 companies, more than any other city in the Northern Powerhouse.

Saint Mary's Avenue,

Wyke,

Bradford,

West Yorkshire,

England,

BD12 8QJ

What makes us different?

Vesta’s sole purpose is to make buying and selling rental property easy for both landlords and tenants.

Benefits include:

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Questions?

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Important Note

All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.

In no event will we be liable for any loss or damage, including without limitation any loss or damage arising directly or indirectly out of or in connection with the use of this website and the information contained therein.

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