Flat for sale in City Exchange, 61, Hall Ings, Bradford BD1
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Property features
- Excellent opportunity for investors
- Generate a high return from completion
- Impressive 7.90% net return
- 7th floor
- One bedroom apartment
- Fully-fitted kitchen
- Shower room
- Residents fitness studio
- Convenient town centre location
- Don't miss out and enquire today
Property description
City Exchange, 61, Hall Ings, Bradford, Bd1 5Db
Yieldit are pleased to present this fantastic buy-to-let investment which will make a great addition to an investor’s portfolio. Being sold with tenants in situ and already generating an excellent return above 7.90% net meaning you can enjoy income immediately from completion.
The property is situated on the 7th floor of the popular City Exchange development, which contains over 100 modern studio and one-bedroom apartments with the benefit of lift access, a fitness studio and an extremely convenient location in the heart of Bradford city centre. This spacious one bedroom apartment features high-quality fixtures and fittings, entrance hallway, lounge, a fully-fitted kitchen with appliances and bedroom measuring 6x2 metres.
Bradford is a fantastic multicultural city in West Yorkshire, boasting world-class attractions and an abundance of shopping and entertainment facilities found at Centenary Square and the Broadway shopping centre. Bradford Interchange is a few minutes from the development, with trains running to the neighbouring city of Leeds every 15 minutes and hourly to York.
The University of Bradford, one of the UK’s top ten higher education institutions to study medicine, pharmacy and physiotherapy, is just a 10-minute walk from City Exchange. Its Pharmacy course was ranked best in the top 250 universities in the world for Pharmacy & Pharmacology in 2019 and best in the country in 2020. The student population is in excess of 10,000 which is great for tenant demand.
Please note, lettings and management fees may apply.
Financial Breakdown
Gross Rent: £7,020.00
Net income: £3,949.46
Gross yield: 14.04%
Net yield: 7.9%
Please contact agent for full financial breakdown.
Important note to purchasers: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-07706
Property info
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For more information about this property, please contact
Yieldit, M50 on +44 161 506 6169 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Yieldit, and do not constitute property particulars. Please contact Yieldit for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.