This impressive detached property currently comprises 12 self-contained flats (4 x one bedroom and 8 x studios with separate kitchens) with a potential income in the region of £50,000 per annum. Each of the flats has its own gas and electric meters with a number of the tenants having been in occupation for many years. At present, seven of the flats are vacant with the remaining five producing an annual income of £15,300. There is also potential to convert the basement (subject to planning) to generate further income as other properties on the street have done. Externally, the property has a garden to the front with parking for several cars to the rear. The property is located to the North of Bradford city centre and within close proximity to the local shops and amenities. 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

Ground Floor

Flats 1 - 4

First Floor

Flats 5 - 8

Second Floor

Flats 9 - 12

Externally

Gardens to the front and parking to the rear

Charges and Payment

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT.

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.