Biscayne Residential Properties are delighted to offer 4 (four) student/residential pod investments in Bradford.
The property is situated fronting onto Sunbridge Road, on the northwestern periphery of Bradford City Centre.
Nearby to the south is the University of Bradford Campus, including The Green Sustainable Student Village and Bradford College Campus. Nearby to the south and west are Listerhills Science Par and, Fieldhead Business Centre.
The accommodation comprises of a modern living/bedroom pod with en-suite shower room. The shared accommodation development also has large communal kitchen/dining areas within close proximity of the room .
This shared accommodation en-suite room is priced to sell at £8995.00, currently returning a gross yield of 18.66% via tenants on a Assured Shorthold Tenancies.
Summary:
4 units
Asking price £89995.00
125 year lease from 2019
Ground rent £250 per annum
Service charge (Inc insurance)£2160.00 (all bills included to tenant)
Tenanted until May to July 2023
Rent £350.00 per month, on expiry achievable rent is £395.00 per month
Total rent of 4 units per annum of £16800.00
18.66 % gross yield
Viewing is highly recommend.
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