Stanley Road, Bradford, BD2 1AS0 Bedroom Property
Council Tax
Band: A
Tenure
Unknown
A fantastic opportunity to acquire a freehold block of 4 x one bedroom apartments in BD2. Fully let, the property is currently generating an income of £16,464 with scope to increase rent in line with current levels. This provides a stable investment opportunity with tenants having lived in the development for as long as 15 years. Each flat has it's own ground floor entrance, power supply, lounge, separate kitchen, bedroom and bathroom. There may be scope to improve some of the flats. There is an area to the side of the block which has remained unused for many years and may now lend itself to becoming a building plot, subject to the necessary consent.
The EPC rating for each unit is a C which will reach the new standards expected in 2025. Locally, the area is up and coming with plenty of new housing developments and a brand new Aldi and Costa coffee nearby.
Additional Information
Ground floor
Flat 47 and 49
First floor
Flat 45 and 51
Council Tax
Bradford Metropolitan Council - Tax band A
Tenure:
Freehold
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 £1,200 inc VAT. Search Fees: £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
Unknown
Key Features
- For sale by auction on the 19th October 2022
- Guide price £160,000+
- Freehold block of 4 x one bedroom apartments in BD2
- Council Tax band A - EPC rating C
Description
A fantastic opportunity to acquire a freehold block of 4 x one bedroom apartments in BD2. Fully let, the property is currently generating an income of £16,464 with scope to increase rent in line with current levels. This provides a stable investment opportunity with tenants having lived in the development for as long as 15 years. Each flat has it's own ground floor entrance, power supply, lounge, separate kitchen, bedroom and bathroom. There may be scope to improve some of the flats. There is an area to the side of the block which has remained unused for many years and may now lend itself to becoming a building plot, subject to the necessary consent.
The EPC rating for each unit is a C which will reach the new standards expected in 2025. Locally, the area is up and coming with plenty of new housing developments and a brand new Aldi and Costa coffee nearby.
Additional Information
Ground floor
Flat 47 and 49
First floor
Flat 45 and 51
Council Tax
Bradford Metropolitan Council - Tax band A
Tenure:
Freehold
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 £1,200 inc VAT. Search Fees: £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.
