Nestled on Great Horton Road in Bradford, this mid-terrace house presents a remarkable opportunity for investors and landlords alike. The property is thoughtfully arranged over four floors and currently comprises three well-converted flats, with the rear flat offering potential for further conversion.
The residence boasts an impressive layout, featuring four spacious reception rooms and five comfortable bedrooms, making it ideal for accommodating families or multiple tenants. With three bathrooms, the property ensures convenience and privacy for all occupants.
The house is equipped with double glazing and gas central heating, providing warmth and energy efficiency throughout. Additionally, there is off-road parking available for one vehicle, which is a valuable asset in this bustling area.
Situated close to local amenities, including schools and shops, this property is also just a short drive from the M62, ensuring excellent transport links for commuters. The flats are all rated as Council Tax Band A, making them an attractive option for potential tenants. The energy performance certificates (EPC) for the flats indicate a Grade C for Flat 1 and Flat 3, and Grade D for Flat 2, reflecting reasonable energy efficiency.
This property not only offers a solid income stream with two flats currently tenanted with a income of £14,400 PA, with a potential income for the third flat totalling £20,400 for the building. If the basement was converted, further rental could be achieved. Whether you are looking to expand your property portfolio or seeking a lucrative investment opportunity, this house on Great Horton Road is certainly worth considering.
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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