Flat for sale in Longside Lane, Bradford BD7

EPC band: C

***ideal investment***This Student accommodation consists of 5 private rooms each with its own en-suite, very large shared fully fitted kitchen / dining area. A laundry room with washers and dryers, large communal room with pool table. The reception is maned during the day with an in house emergency person on call 24/7. This accommodation is one of the best on the campus well maintained and managed to a high standard, all rooms are currently tenanted.

Each room paying £90/95 per week making this an impressive 15% yield.

Lease term - 199 years from 1 January 2008

Service charge - £9,603 AnnuallyGround rent - £62.50 per month

We have been informed that each property is currently achieving the below income which was correct as of 1/1/2024

33a- £90 per week – total rent £4,024.29

33b – £95 per week - total rent £4,180

33c ––£95 per week- total rent £3,012.86

33d – £95 per week – total rent £3,040

33e – £90 per week- total rent £3,857.14

Total= £18,114.20

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