The Grand Mill, 132 Sunbridge Road, BD1 2PF1 Bedroom Property
Council Tax
Band: Unknown
Tenure
Leasehold
Lease Expiry
Unknown
Tenanted pod style bedroom with shared kitchen/living area & shower room. Sure to appeal to those looking to add to a buy to let portfolio. The unit benefits from electric heating and double glazing.
The current tenant is paying £300 PCM generating an annual income of £3,600 per annum, meaning the property is currently generating a gross rental yield of 72% based on the guide price. The communal entrance has a fob entry system, post-boxes and residents have access to the laundry room on the lower ground floor. The property is in Bradford city centre, close to Bradford University.
Lease: 250 years from 1st January 2014
Ground Rent: £300 per annum
Service Charge: 1st June 2023 to 15th August 2023 £696.55.
A 21 day completion applies to this lot.
Additional Information
GROUND FLOOR
Bedroom with communal shower room and communal kitchen area.
Tenure
Leasehold
Council Tax
TBC.
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 & 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 £240 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.
Council Tax
Band: Unknown
Tenure
Leasehold
Lease Expiry
Unknown
Key Features
- For sale by auction on the 27th March 2024
- Guide price £4,000 +
- Pod style bedroom flat
- Communal kitchen & Shower room
- Great addition to a buy to let portfolio
Description
Tenanted pod style bedroom with shared kitchen/living area & shower room. Sure to appeal to those looking to add to a buy to let portfolio. The unit benefits from electric heating and double glazing.
The current tenant is paying £300 PCM generating an annual income of £3,600 per annum, meaning the property is currently generating a gross rental yield of 72% based on the guide price. The communal entrance has a fob entry system, post-boxes and residents have access to the laundry room on the lower ground floor. The property is in Bradford city centre, close to Bradford University.
Lease: 250 years from 1st January 2014
Ground Rent: £300 per annum
Service Charge: 1st June 2023 to 15th August 2023 £696.55.
A 21 day completion applies to this lot.
Additional Information
GROUND FLOOR
Bedroom with communal shower room and communal kitchen area.
Tenure
Leasehold
Council Tax
TBC.
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 & 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 £240 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.
