Manor Row, Bradford

Sold STC
£32,000
  • Ref: MANORROW2
  • Availability: Sold STC
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Freehold
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Property Features

  • Studio Apartment
  • Convenient Location
  • No Stamp Duty To Pay
  • Sat Nav To BD1 4HP

Property Summary

INVESTMENT OPPORTUNITY

NO STAMP DUTY TO PAY (it is below the threshold)

Apt 501 - 1 bed Studio
Total income is £4,156.80
Ground rent and service charge = £850.00

NET income = £2,891.00 PA - £3,306PA
Purchase price = £32,000
NET yield is = 10.0%

THE DEAL
3 yr Assured Rental Guarantee at 10% NET
Buy for £32,000
Service charge, Ground rent and monthly management costs covered under Rental guarantee

Location
The apartment is within a well-maintained Georgian-style building on the north side of the city centre, within 100m of the Forster Square Railway Station, from where LNER and Northern Rail services offer connections to Skipton, Leeds and Ilkley. Buses from Manor Row also run to Baildon, Bingley, Gilsted, Cottingley, the Bradford Royal Infirmary, West Bowling and the city centre.

Amenities on the doorstep include an Oriental supermarket, a hairdressers, an off-licence, a department store and a ladies-only gym as well as a good selection of bars and cafes; however, both the Oastler and the Kirkgate Shopping Centres are also within easy reach, offering a wide selection of well-known high street brands. The Forster Square Retail Park is also within easy reach.

Bradford itself is a fast-growing city centre with significant investment already planned; however, it is also within easy reach of the wide open spaces of the Pennine hills and Brontë country while travel by car is relatively easy via the M606 and M62, with both Leeds and Manchester accessible within an hour.

For those travelling further afield, Leeds Bradford International Airport is within a 45-minute drive and offers connections to the UK’s major terminals as well as short-haul holiday destinations across Europe.



Disclaimer
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by Esale. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.