Sold, 1 Bed Studio 

Sunbridge Road, Bradford

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Features

  • Auction Date: 23rd - 24th May
  • Ideal buy-to-let
  • Currently achieving rent of £3,000 pa
  • 30% yield based on the guide price
  • City centre location
  • Good transport links
  • 24 hour reception
  • Security key code entry system
  • Leasehold- 125 years remaining from 22nd March 2012

Quick Details

1 Bedroom1 Reception1 Bathroom

Address

Colonnade, Apartment 922 Sunbridge RoadBradfordBradfordBD1 2LQ
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Property Details

•Online Auction Date: 23rd – 24th May
•Guide Price: £10,000+
•Residential investment opportunity
•Tenanted £3,000 pa, 30% gross yield
•Leasehold

Residential investment located on the 9th floor in a purpose built residential block, predominantly let to students. The accommodation comprises of a sleeping/living area, own bathroom suite and shared kitchen facilities.

Accommodation

Approximately 10.7 sq. m ( 115.17 sq. ft ) taken from the property plan.

Services

We understand the property is connected to mains electricity, water and drainage. Services have not been tested, so interested parties are advised to carry out their own investigations.

Tenure

Leasehold- 125 years remaining from 22nd March 2012

Investment Analysis

The accommodation is currently let for £250 PCM (£3,000 pa) reflecting a yield of 30% based on the guide price. Potential for rental increase.

Guide Price

£10,000+

Buyer’s Premium

£3,000 inc. VAT

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