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1 Bed, Kitchen
1 Bed, Kitchen
1 Bed, Kitchen
1 Bed, Reception room
1 Bed, Reception room
1 Bed, Enterance
1 Bed, Bathroom
1 Bed, Bathroom
2 Bed, Kitchen
2 Bed, Reception room
2 Bed, Bedroom
EPC
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Opportunity to buy 10 income generating units in an apartment block, plus the Freehold in Bradford city centre

£725,000
10 Unit Block
VES-BD1-103

Features


NO OF UNITS
10

USE
Residential

TENURE
Leasehold

PRICE
£725,000

AGGREGATE RENT
£47,460

GROSS YIELD
6.5%

TOTAL SQUARE FOOTAGE
6,469

PRICE PER SQUARE FOOT
£112

TENANCY STATUS
Tenanted

FURNISHED
No

Summary

  • 10 leasehold apartments
  • 6 x 1 bed; 4 x 2 bed
  • Freehold for the entire block (17 apartments)
  • Annual ground rent for all 17 units amounts to £3,423.80
  • Length of leases: 150 years started 2005
  • Tenancy types: ASTs

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

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.

Need more information?

REQUEST BLOCK DETAILS

Floorplans

Floorplan

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

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.


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.

Sunbridge Road,

Bradford,

West Yorkshire,

England,

BD1 2AQ


Performance

GROSS RENTAL YIELD
6.5%
RENT PER ANNUM
£47,460
HPI GROWTH (5 YRS)
18.2%

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