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Studio flat for sale
Flat 223, Colonnade House, 201 Sunbridge Road, Bradford BD1 2BQ
£7,500
Flat 223, Colonnade House, 201 Sunbridge Road, Bradford BD1 2BQ
£7,500
Our Summary
- For sale by Unconditional Online Auction
- A high-yielding residential investment opportunity comprising a student pod with en-suite bedroom and shared kitchen facilities
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Timed Auction and is being sold under and Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyers Fee of 1
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Ideal investment opportunity
Description
A high-yielding residential investment opportunity is being sold by unconditional online auction, comprising a student pod with an en-suite bedroom and shared kitchen facilities. The property is sold with a tenancy agreement detailing a rent of £450 per calendar month (£5,400 per annum). The property is located on Sunbridge Road, close to Bradford city centre, and has a flood risk rating of very low. The leasehold property has 125 years remaining on the lease, with ground rent and service charge review periods to be confirmed in the lease documents. The property is being sold with a guide price and a reserve price, with the reserve price within + or - 10% of the guide price. A buyer's fee of 1.8% of the purchase price, subject to a minimum of £2,400 inc. VAT, will also be applicable.