ATTENTION INVESTORS - PURCHASE THIS READY MADE INVESTMENT PROPERTY!

Offered to the market as a ready-made investment, this well proportioned two bedroom penthouse apartment is sold with tenants in situ with an attractive 6.2% 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 cupboard housing the washer, open plan kitchen/living space, two double bedrooms 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: £10,200
Gross yield: 6.2%
Service charge: £1600 PA (Approx.)
Ground rent: £250 PA (Approx.)
NET income: £8350 PA (Approx)
NET yield: 5%

*Additional costs may apply*

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: B