A lucrative buy - to - let investment property which is already fully operational
and tenanted, yielding 10% net and conveniently positioned just 0. 5 miles from
Bradford city centre. The extended stone built rear terraced property has
recently been completely renovated to a high - quality modern standard
throughout as well benefiting from gas central heating, double glazing and
ample on street parking.
The communal living accommodation consists of a modern kitchen complete with
appliances and a light and airy lounge with wall mounted electric fire, sofas
and a tv. On the first floor there are three bedrooms which are decorated in
neutral tones with grey carpet and the communal bathroom with three - piece
suite and marble effect floor tiles which give it a luxurious feel. To the
second floor is the spacious fourth bedroom with its own designated full
bathroom. Also included is a landscaped enclosed garden and a cellar which
offers the potential to be converted into additional living accommodation.
Browning Street is situated in a very popular residential location just to the
east of Bradford City Centre and within the local vicinity is a range of
shops, cafes, restaurants and public transport links. Just a few miles away is
the motorway network and Bradford’s two train stations for easy travel to
nearby towns and cities, such as Leeds and Manchester making this the ideal
base for those looking to commute and travel.
Bradford is a great location to invest in with major regeneration projects
worth £52. 6 million in the £9 million for the One City Park office
development, millions towards a new enterprise zone at Parry Lane and £3
million for the first phase of the "City Village" development. The plans will
create almost 2, 300 new jobs and in addition to this, according to Bradford
city council, the city’s population will reach 565, 000 people by 2030, which
means there will be an increasing demand for rental properties such as this
one.
**Financial Breakdown**
Gross rent: £15, 600
Net income: £15, 600
Gross yield: 10. 06%
Net yield: 10. 06%
**Important Note To Purchasers**
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general
outline only for guidance, and do not constitute any part of an offer or
contract. Neither Yieldit nor the vendor or lessor accept any responsibility
in respect of these particulars, which are not intended to be statements or
representations of fact and any intending purchaser must satisfy himself by
inspection or otherwise as to the correctness of each of the statements
contained in these particulars.
Yieldit ref: Yl - 07256

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