***A BLOCK OF 3 FLATS FOR SALE!!*** Converted into 3 x studio flats in the 1990s, this property will appeal to a landlord hunting a high yield. Currently fully let, the property is generating an income of £13,000 per annum which equates to a return of more than 14%. The studios are self contained and have their own kitchen areas and shower room. Each studio has its own electricity supply, integrated fire and smoke alarm system and have been approved by the local council. Recent upgrades, including new windows and internal wall insulation have ensured an EPC rating of C, meaning they will be unaffected by the scheduled changes in Energy standards due in 2025. To the rear of the building, there is parking for two or three vehicles. 110 Undercliffe Road is also available in our May catalogue should anyone wish to purchase both. 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

Lower Ground Floor

Flat 1 - Studio flat with kitchen area and shower room.

Ground Floor

Flat 2 - Studio flat with kitchen area and shower room

First Floor

Flat 3 - Studio flat with kitchen area and shower room

Charges and 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.

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.