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1 bedroom apartment for sale
Apartment 84, Card House, Bingley Lane, Bradford, BD9 6SD
£180,000
Apartment 84, Card House, Bingley Lane, Bradford, BD9 6SD
£180,000
Our Summary
- **SALE BY AUCTION** – A Modern Fully Furnished Second-Floor Studio Apartment, Let on Guaranteed Rent to a Housing Association – Producing £18,200 Gross Rent Per Annum with a 10% NET Return Assured for 25 Years, – Fully Hands-Off Investment with a Buy-Back Option at Year Three Offering a 30% Uplift
- **For Sale By Public Auction – To inspect the legal documents for this property, please visit our website to download the legal pack
- This is a cash-only purchase and presents an exclusive investment opportunity in Batley
- A buy-back option is available at year three with a 30% uplift, providing an additional opportunity for capital growth
Description
This modern, fully furnished second-floor studio apartment is available for sale by public auction, offering a unique investment opportunity in Batley. The property is let on a guaranteed rent agreement with a government-backed scheme and a registered housing association, generating £18,200 gross rent per annum with a 10% NET return assured for 25 years. The apartment is fully hands-off, with no void periods, service charges, or management fees. A buy-back option is available at year three with a 30% uplift, providing an additional opportunity for capital growth. The property is located in a convenient area with access to local amenities, schools, and transport links, and is available for cash-only purchase.