No longer on the market
This property is no longer on the market
Map4 bedroom apartment
Key information
Features and description
- Investment Opportunity
- Three Apartments
- Potential 9.4% Gross Yield
- Double Glazing and Electric Panel Heating
- EPC Rating: TBC
- City Centre Location
An exceptional opportunity to purchase an up and running income stream. The development is set in this converted mill located near Shipley Airedale Road on the edge of the City Centre. Boasting excellent access to city centre amenities, both train stations and the Broadway shopping centre.
Apartment 12 is set on the first floor with lounge open to kitchen, bedroom and bathroom. Currently let at £360.00 P/M.
Apartment 24 is set on the second floor and is a duplex apartment and comprises; lounge open to the kitchen, one bedroom and a bathroom on the ground floor. The mezzanine level holds a large second bedroom. Currently achieving £400.00 P/M.
Apartment 30 is set on the third floor with lounge open to kitchen, bedroom and bathroom. Currently let at £375.00 P/M.
Appliances within the Apartments include electric oven, electric hob, fridge/freezers and a dishwasher. Being situated in the heart of Bradford City Centre, this is a quite superb opportunity for the discerning investor.
Apartment 12
Floor: First Floor
ONE bedroom
Service Charge: £1,373.62pa
Ground rent £125 pa
Currently rented at £360.00pcm.
Apartment 24
Floor: Second Floor
TWO bedrooms
Service Charge: £1,373.62pa
Ground rent £125 pa
Currently rented at £400.00 pcm.
Apartment 30
Floor: Third Floor
ONE bedroom
Service Charge: £1,373.62pa
Ground rent £125 pa
Currently rented at £375.00pcm.
BD1
Rooms
APARTMENT 24
Entrance Hall
Door to the front elevation with wood effect laminate flooring and a wall heater. Spiral staircase leads up to the mezzanine bedroom.
Living/Kitchen
Three double glazed windows to the front elevation with wall lights and both points for a telephone and television. Exposed brick beam ceiling with wood effect laminate flooring and an electric heater.
Fitted kitchen with wall and base units and work surfaces over incorporating a double drainer sink unit. Electric oven and gas hob with cooker hood over.
Bedroom One
Offering a double glazed window with a wall heater, exposed brick and exposed beam to the ceiling.
Bathroom
Three piece suite featuring a panelled bath, wash hand basin and wc. Extractor fan, heated towel rail with a double glazed window.
MEZZANINE fLOOR
Bedroom Two
Consists of a double glazed Velux window with a wall heater and exposed beams to the ceiling.
Shower Room
Three piece suite featuring a shower cubicle, wash hand basin and wc. Extractor fan and heated towel rail.
LEASEHOLD INFO
The term is 125 years from 1st October 2003.
Service Charge is payable half yearly at £686.81 x 2
= £1373.62 annually.
The Ground Rent is £125 per annum
APARTMENT 12
Entrance Hall
With wood effect laminate flooring, electric panel heater and spot lighting.
Kitchen/Lounge 6.05m x 3.7m (19' 10" x 12' 2")
Wood effect laminate flooring, four double glazed sash windows and original marble effect fireplace with cast insert and tiled hearth. Electric panel heater, video intercom to the main entrance. 1½ bowl sink unit with mixer tap, range of wood effect wall and base units with blue mosaic tiled work surfaces and breakfast bar. Built-in stainless steel oven, electric hob with cooker hood over, built-in fridge/freezer, washer/dryer and integrated dishwasher. Complimentary tiled surround, spot lighting and extractor.
Bedroom 2.95m x 2.92m (9' 8" x 9' 7")
With electric panel heater, double glazed sash window and access to the shower room.
Shower Room
Three piece white suite comprising of wash hand basin, low level WC, shower cubicle with chrome mixer. Electric heated towel rail, tiled floor, spot lighting and extractor. Access from the entrance hall.
Leasehold Info
The term is 125 years from 1st October 2003.
Service Charge is payable half yearly at £686.81 x 2
= £1373.62 annually.
The Ground Rent is £125 per annum
APARTMENT 30
Entrance Hall
With laminate flooring, programmable wall heater and inset spot lighting.
Kitchen/Lounge 6.07m x 5.77m (19' 11" x 18' 11")
Three double glazed windows offering views over the eastern suburbs of Bradford, laminate flooring, electric heater, 1½ bowl stainless steel sink with mixer tap, range of light wood wall and base units with dark wood surfaces along with contrasting tiling to walls. Built-in stainless steel oven, hob with cooker hood over and washer/dryer.
Bedroom 4.01m x 2.34m (13' 2" x 7' 8")
Rectangular shape with double glazed window, electric heater and brown carpet.
Bathroom Area 4.01m x 2.34m (13' 2" x 7' 8")
The bedroom leads to an open bathing area comprising of tiled flooring, white bath with glass shower screen and chrome bath/shower rail along with a small pedestal wash basin, low level w.c. with a further wash basin located adjacent to the bathing area.
Leasehold Info
The term is 125 years from 1st October 2003.
Service Charge is payable half yearly at £686.81 x 2
= £1373.62 annually.
The Ground Rent is £125 per annum.
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