Oakroyd Villas, North Avenue, BD8 7AD12 Bedroom Detached House
Council Tax
Band: Unknown
Tenure
Unknown
This impressive detached property currently comprises 12 self-contained flats (4 x one bedroom and 8 x studios with separate kitchens) with a potential income in the region of £50,000 per annum. Each of the flats has its own gas and electric meters with a number of the tenants having been in occupation for many years. At present, seven of the flats are vacant with the remaining five producing an annual income of £15,300. There is also potential to convert the basement (subject to planning) to generate further income as other properties on the street have done.
Externally, the property has a garden to the front with parking for several cars to the rear.
The property is located to the North of Bradford city centre and within close proximity to the local shops and amenities.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Additional Information
Ground Floor
Flats 1 - 4
First Floor
Flats 5 – 8
Second Floor
Flats 9 - 12
Externally
Gardens to the front and parking to the rear
Charges and Payment
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 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
Unknown
Key Features
- For sale by auction on the 12th May 2021
- Guide price £425,000 +
- Impressive converted detached property
- 12 self-contained flats - 5 tenanted
- Each with own gas & electricity meters
- Potential income of £50,000 p.a
Description
This impressive detached property currently comprises 12 self-contained flats (4 x one bedroom and 8 x studios with separate kitchens) with a potential income in the region of £50,000 per annum. Each of the flats has its own gas and electric meters with a number of the tenants having been in occupation for many years. At present, seven of the flats are vacant with the remaining five producing an annual income of £15,300. There is also potential to convert the basement (subject to planning) to generate further income as other properties on the street have done.
Externally, the property has a garden to the front with parking for several cars to the rear.
The property is located to the North of Bradford city centre and within close proximity to the local shops and amenities.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Additional Information
Ground Floor
Flats 1 - 4
First Floor
Flats 5 – 8
Second Floor
Flats 9 - 12
Externally
Gardens to the front and parking to the rear
Charges and Payment
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 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.