1 bed Flat For Sale £5,000
For sale via online auction on Tuesday 14th of February 2023!
This would make an ideal buy for a landlord looking for a high yield and growing their portfolio. The unit is currently let, generating an income of £4,200 per annum. Forming part of a larger flat within the development, the unit comprises a pod bedroom with en suite shower room and has use of a communal kitchen/living area. The building has a ground floor communal reception entrance with lift access. Colonnade House is located within walking distance of the city centre, rail/bus stations and Bradford University. We also have Flats 703 and 822 available, within the same auction, should anyone wish to buy more than one.
The lease is 125 years from March 2012 and have been advised by the seller that the service charge for the unit is £540 per quarter. Please refer to the legal pack for confirmation
Accommodation
Flat 821
A pod bedroom with en suite shower room and has use of a communal kitchen/living area.
Additional Information
Council Tax
Bradford council - council tax band E
Tenure
Leasehold
Disclaimer
Any information in relation to the length of lease, service charge, ground rent 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 £1,200 inc VAT.
Buyers premium: £1,200 inc VAT.
Search Fees: £240 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.
This would make an ideal buy for a landlord looking for a high yield and growing their portfolio. The unit is currently let, generating an income of £4,200 per annum. Forming part of a larger flat within the development, the unit comprises a pod bedroom with en suite shower room and has use of a communal kitchen/living area. The building has a ground floor communal reception entrance with lift access. Colonnade House is located within walking distance of the city centre, rail/bus stations and Bradford University. We also have Flats 703 and 822 available, within the same auction, should anyone wish to buy more than one.
The lease is 125 years from March 2012 and have been advised by the seller that the service charge for the unit is £540 per quarter. Please refer to the legal pack for confirmation
Accommodation
Flat 821
A pod bedroom with en suite shower room and has use of a communal kitchen/living area.
Additional Information
Council Tax
Bradford council - council tax band E
Tenure
Leasehold
Disclaimer
Any information in relation to the length of lease, service charge, ground rent 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 £1,200 inc VAT.
Buyers premium: £1,200 inc VAT.
Search Fees: £240 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.
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