This substantial through terrace is currently generating an annual income of £21,900 and comprises 3 x two bedroom flats and 1 x one bedroom flat. Based on the quoted guide price that equates to an impressive return of 12.5%. It was converted from an HMO in 2019 and still retains its HMO licence which can be viewed in the legal pack. All the flats have their own individual electric meters and share a communal washing machine located on the first floor. The property is located less than a mile from Bradford city centre and is just a short walk from university campus. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.

Tenure

Freehold

Basement

Flat 1.

Ground Floor

Flat 2.

First Floor

Flat 3.

Second Floor

Flat 4.

Externally

Small yard to the front and rear.

Charges & Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT. Search Fees: £240 inc VAT Disbursements: Any additional disbursements payable by the purchaser are yet to be confirmed by the vendors 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

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.