Cheapside Chambers, 43 Cheapside, BD1 4HP0 Bedroom Flat/Apartment
Council Tax
Band: A
Tenure
Leasehold
Lease Expiry
Unknown
This 5th Floor studio apartment in Bradford city centre is sure to appeal to those looking to add to a buy-to-let portfolio.
The current tenant is paying £350 PCM generating an income of £4,200 per annum, meaning the property is currently generating a gross rental yield of 42% based on the guide price.
The property is in Bradford city centre, close to Bradford University and Bradford Forster Square train station.
Lease: 299 years from 7th April 2016
Ground Rent: £249 per annum
Service Charge: £730.53 per annum
Annual Building Insurance: £700.00 per annum on average
Additional Information
Fifth Floor
Living/kitchen/bedroom area and shower room.
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 £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: A
Tenure
Leasehold
Lease Expiry
Unknown
Key Features
- For sale by auction on the 7th February 2024
- Guide price £10,000 +
- Tenanted 5th floor studio apartment
- Generating £350pcm
- Great addition to an investors portfolio
- Council Tax band A - EPC rating C
Description
This 5th Floor studio apartment in Bradford city centre is sure to appeal to those looking to add to a buy-to-let portfolio.
The current tenant is paying £350 PCM generating an income of £4,200 per annum, meaning the property is currently generating a gross rental yield of 42% based on the guide price.
The property is in Bradford city centre, close to Bradford University and Bradford Forster Square train station.
Lease: 299 years from 7th April 2016
Ground Rent: £249 per annum
Service Charge: £730.53 per annum
Annual Building Insurance: £700.00 per annum on average
Additional Information
Fifth Floor
Living/kitchen/bedroom area and shower room.
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 £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.
