1 bedroom apartment for sale

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1 bedroom apartment for sale

Bingley Road, Bradford
£110,000

Our Summary

  • With fast increasing rents and property prices, Bradford is really showing its potential to property investors in the UK

Description

This one-bedroom apartment on the first floor of a converted 19th-century industrial building in Heaton, Bradford, is being offered as a ready-made investment property with a 7.4% gross yield. The property has a modern feel and benefits from an unallocated parking space. It is located in a popular leafy village, close to the world heritage town of Saltaire and Bradford City Centre, with easy access to local amenities and transport links. The apartment is currently tenanted, generating an annual gross income of £8,100, with a service charge of £1,450, ground rent of £250, and lettings management fees of £875. The property is expected to provide a good return on investment, with a net yield of 5% and a potential for capital growth in the future.
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