This one bedroom first floor apartment in Bradford city centre would make a good addition to a buy to let portfolio. The apartment is currently generating an income of £4,200 per annum which equates to a return of more than 16% based on the lower guide price. The images provided on our advertisement are from 12 months ago when the property was last advertised to let. The apartment has a generous living kitchen, double glazing and electric heating. Unfortunately, there will be no viewings taking place on this apartment prior to the auction. Flat 7 is also for sale in our March catalogue should anyone wish to purchase both. Leasehold Information: 99 years from January 2007. Ground rent: £175 p.a. Service charge TBC.
Tenure
Freehold
First Floor
Hall, living kitchen, bedroom and bathroom
Charges and Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,080 inc VAT. Search Fees: £200 Inc VAT Disbursements: Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor's solicitor. For more details please see the legal pack.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Local Authority
Bradford Metropolitan District Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - See above
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.