Property Description

This fourth floor two bedroom apartment, located within The Gatehaus development in Bradford City Centre, would make a good addition to a portfolio. The property is currently generating an income of £7,800 per annum, which equates to a gross return of more than 18% at the current guide price. The accommodation comprises, living kitchen, bedroom, occasional double bedroom (internal window only) and bathroom. There is also a balcony that looks out into the central courtyard of the development. The Gatehaus development is very close to the centre of Bradford and only a short walk from the Broadway shopping centre.

Leasehold Information

The lease is 999 years from January 2007. We have been advised the current service charge and ground rent, combined, are £1,560 per annum. Residents can purchase a 3 year parking permit, for a charge of just £35. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Leasehold

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