No longer on the market
This property is no longer on the market
Floorplan
Map1 bedroom apartment
Key information
Features and description
- For sale by auction on the 15th May 2024
- Guide price £32,500
- One bedroom sixth floor apartment
- Tenanted apartment
- Generating £8,160 per annum
- Close to local amenities
- Great addition to an investors portfolio
Video tours
The apartment is currently tenanted generating £8,160 per annum reflecting a gross rental return of over 25% based on the guide price.
Leasehold Information:
Lease length for apartment - 999 years from 1st January 2007
Lease length for parking space - 100 years from 1st January 2007
Ground rent for the Apartment - £312.58 Per annum.
Ground rent for Parking Space 82 - £1,406.60 Per annum
Service charge for apartment - £2,268.28 Per annum
Service charge for parking space - £223.50
Annual insurance premium - £958.10
We have been made aware that the buyer is expected to pay the seller's fees upon completion and are therefore advised to review the Special Conditions in the legal pack in this regard.
Rooms
ACCOMMODATION
Sixth Floor
Living/kitchen area, bedroom with en-suite, sleeping area and house bathroom
Additional Information
Council Tax
Bradford Metropolitan District Council - Band A
Tenure
Leasehold
Disclaimer
Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
Charges and Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
Searches £300 inc VAT
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s 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.
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