Apartment 119, The Gatehaus, Leeds Road, BD1 5BQ2 Bedroom Flat/Apartment
Council Tax
Band: B
Tenure
Leasehold
Lease Expiry
Unknown
This first floor two bedroom apartment with allocated parking, located within The Gatehaus development in Bradford City Centre, is sure to appeal to the buy to the investor. Rents in the area have increased in recent months and once freshened up, this apartment could achieve £675 per calendar month. Meaning the property has the potential to generate a gross rental yield of over 23% based on the guide price. Currently vacant, the property now requires some cosmetic improvement. The Gatehaus development is very close to the centre of Bradford and only a short walk from the Broadway shopping centre.
The property will be sold as seen with all contents, fixtures and fittings included.
Service Charge TBC
Ground rent TBC
Lease TBC
Please note: A 14 day completion applies to this lot and the buyer will be required to pay the exchange deposit from cleared funds.
Additional Information
Ground Floor
Entrance hall, living/kitchen room and bathroom.
First Floor
Two bedrooms and en suite.
Council Tax
Band B.
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 & Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT. Buyer’s Premium: £1,140 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: B
Tenure
Leasehold
Lease Expiry
Unknown
Key Features
- For sale by auction on the 29th March 2023
- Guide price £35,000+
- Two bedroom first floor apartment
- Currently vacant
- Appeal to the buy to let landlord
- Council Tax band B - EPC rating C
Description
This first floor two bedroom apartment with allocated parking, located within The Gatehaus development in Bradford City Centre, is sure to appeal to the buy to the investor. Rents in the area have increased in recent months and once freshened up, this apartment could achieve £675 per calendar month. Meaning the property has the potential to generate a gross rental yield of over 23% based on the guide price. Currently vacant, the property now requires some cosmetic improvement. The Gatehaus development is very close to the centre of Bradford and only a short walk from the Broadway shopping centre.
The property will be sold as seen with all contents, fixtures and fittings included.
Service Charge TBC
Ground rent TBC
Lease TBC
Please note: A 14 day completion applies to this lot and the buyer will be required to pay the exchange deposit from cleared funds.
Additional Information
Ground Floor
Entrance hall, living/kitchen room and bathroom.
First Floor
Two bedrooms and en suite.
Council Tax
Band B.
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 & Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT. Buyer’s Premium: £1,140 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.
