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Property ID: 217247887
Offers Over
£70,000
Location
2 Broad street, Bradford, BD1 4QQ
Size
517
Tenure
Leasehold
Bedrooms
1
Type of property
Flat
Current Yield
9.9%
Monthly Income
£575
Property Information

Our latest listing is a 1-bedroom flat in Bradford. It’s conveniently situated near essential amenities, presents excellent rental income potential, and currently has a tenant in place.


For investors looking to expand their portfolio, this is a fantastic opportunity!


This one flat includes a lounge, a kitchen, and a three-piece bathroom. Residents also benefit from the convenience of on-street parking.


Investment details


It currently produces an annual gross income of £6,900, which the new owner could increase to a market rate of £8,364 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.


Please see the Let Property Pack linked below for greater details on this property's investment potential.


If you are interested, please call us.


Tenancy Details


The current tenants have been residing in the property for a year and have consistently paid their rent on time. They do not plan to move out and wish to continue their tenancy.


Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties to the sale, a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Letting Agency Fees
Ownership CostsWhat are these?
Calculated Returns
Paisley benefits from an average of 4.5% capital growth. Learn more
Purchase Costs
Based on monthly income of
£575
Cashflow p/m
575
Current Yield
null%
Based on potential rent of
£697
Cashflow p/m
697
Potential Yield
null%
Monthly Income
£575 pcm
Potential Rent
£697 pcm
Length of Tenancy
1 year
Tenant Means of Funding
SELF_FUNDED
Area Capital Appreciation Rate
-
Ground Rent
Leasehold
Est. Insurance Costs
unknown
Factor Fees
125
Factor Name
unknown
Total Estimated Costs
125
Floor plans
floorplan
Not available for this property
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Running Costs
Ground Rent
Leasehold
Est. Insurance Costs
unknown
Factor Fees
125
Factor Name
unknown
Total Estimated Costs
125