Studio Flat For Sale, 4 James Street, Bradford BD1

Description

A stylish studio apartment situated on the third floor of this beautiful Grade II listed building, which was tastefully transformed into high quality apartments in 2019. The second floor apartment consists of an open plan kitchen and dining area, a modern fully-fitted kitchen, several windows providing plenty of natural light, a spacious sleeping area with room for a double bed and storage and an ensuite shower room.

Positioned right in the heart of Bradfords city centre, everything you could possibly need is within walking distance including multiple shopping centres offering a wide range of shops, along with plenty of bars and restaurants. Due to it’s unrivalled central location it’s sure to always to be in demand rental accommodation. Transport links are fantastic being within walking distance of bus and train stations. Bradford Interchange is on the Caldervale Line and has trains running regularly to Leeds, York, Halifax, Manchester Victoria, Blackpool, Preston and Huddersfield making it a perfect base for commuting.

There hasn’t ever been a better time to invest in Bradford thanks to major regeneration projects underway following £52.6 million worth of funding from the Government. This regeneration includes £9 million for the One City Park office development, millions towards a new enterprise zone at Parry Lane and £3 million for the first phase of the "City Village" development. The plans will create almost 2,300 new jobs and in addition to this, according to Bradford city council, the city’s population will reach 565,000 people by 2030, which means there will be an increasing demand for rental properties such as this one.

Financial Breakdown

Gross rent: £6,240
Ground rent: £200
Service charge: £1,776
Net income: £4,264
Gross yield: 10.58%
Net yield: 7.23%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
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 must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-07180

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Studio Flat For Sale £60,000 4 James Street, Bradford BD1

Studio Flat For Sale £60,000
4 James Street, Bradford BD1