Flat for sale in The Gatehaus, Leeds Road, Bradford BD1

A one bedroom apartment with additional sleeping area located in Bradford city centre and is sure to be of appeal to buy to let landlords looking to add to their portfolio. The property is in good condition internally and benefiting from a parking space. The property briefly comprises entry hallway with storage cupboard, kitchen / living room, bedroom with an ensuite, sleeping area and house bathroom.

The apartment is currently tenanted generating £8,160 per annum reflecting a gross rental return of over 25% based on the guide price.

Leasehold Information:
Lease length for apartment - 999 years from 1st January 2007
Lease length for parking space - 100 years from 1st January 2007
Ground rent for the Apartment - £312.58 Per annum.
Ground rent for Parking Space 82 - £1,406.60 Per annum
Service charge for apartment - £2,268.28 Per annum
Service charge for parking space - £223.50
Annual insurance premium - £958.10

We have been made aware that the buyer is expected to pay the seller's fees upon completion and are therefore advised to review the Special Conditions in the legal pack in this regard.

Accommodation

Sixth Floor

Living/kitchen area, bedroom with en-suite, sleeping area and house bathroom

Additional Information

Council Tax

Bradford Metropolitan District Council - Band A

Tenure

Leasehold

Disclaimer

Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.

Charges And Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
Searches £300 inc VAT

Disbursements

Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.

Guide Price

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.