A one bedroom apartment with additional sleeping area located in Bradford city centre and is sure to be of appeal to buy to let landlords looking to add to their portfolio. The property is in good condition internally and benefiting from a parking space. The property briefly comprises entry hallway with storage cupboard, kitchen / living room, bedroom with an ensuite, sleeping area and house bathroom.
The apartment is currently tenanted generating £8,160 per annum reflecting a gross rental return of over 25% based on the guide price.
Leasehold Information: Lease length for apartment - 999 years from 1st January 2007 Lease length for parking space - 100 years from 1st January 2007 Ground rent for the Apartment - £312.58 Per annum. Ground rent for Parking Space 82 - £1,406.60 Per annum Service charge for apartment - £2,268.28 Per annum Service charge for parking space - £223.50 Annual insurance premium - £958.10
We have been made aware that the buyer is expected to pay the seller's fees upon completion and are therefore advised to review the Special Conditions in the legal pack in this regard.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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