1 Bed Flat For Sale Bingley Road, Bradford, BD9

£110,000- Flat

1 of 6
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Last Updated: 24th June 2024

Description

ATTENTION INVESTORS - PURCHASE THIS READY MADE INVESTMENT PROPERTY!

Offered to the market as a ready-made investment, this well proportioned one bedroom apartment on the ground floor offers an attractive 7.4% gross yield. The development is well located in the popular leafy village of Heaton, just a short drive from Bradford City Centre. The apartment has a modern feel throughout and also benefits from an allocated parking space.

This style of property is high in demand in the rentals market and provides a great opportunity for a first time investor or perhaps an addition to an expanding portfolio.

A look inside the property:

The property briefly comprises; Entrance hallway with storage housing the washer, open plan kitchen/living space, one double bed and a good sized shower-room. Externally there are well maintained landscaped gardens as well as an allocated parking space.

Location:

The apartment is situated in one of Bradfords many converted 19th century industrial buildings, once occupied by Hallmark cards the art deco building really showcases beautiful British architecture. The building is based in Heaton, a leafy suburb on the outskirts of Bradford which is well connected via both road and rail links to neighbouring towns and cities.

Financial Breakdown:

Occupancy: Tenanted
Tenure: Leasehold
Gross rent: £8100
Gross yield: 7.4%
Service charges and ground rents: TBC

Points of interest:

- Frizinghall train station: 8 minutes drive
- Bradford city centre: Approx. 10 minutes drive
- Bradford Royal Infirmary: Approx. 5 minutes drive
- Bradford Grammar school: Approx. 5 minutes drive
- Saltaire UNSECO world heritage site: Approx. 5 minutes drive

Council tax: A
Agent Details
Tenanted Property Sales

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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