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House For Sale £135,000
Browning Street, Bradford, West Yorkshire, BD3


Description
A lucrative buy-to-let investment property which is already fully operational and tenanted, yielding 10% net and conveniently positioned just 0.5 miles from Bradford city centre. The extended stone built rear terraced property has recently been completely renovated to a high-quality modern standard throughout as well benefiting from gas central heating, double glazing and ample on street parking.

The communal living accommodation consists of a modern kitchen complete with appliances and a light and airy lounge with wall mounted electric fire, sofas and a tv. On the first floor there are three bedrooms which are decorated in neutral tones with grey carpet and the communal bathroom with three-piece suite and marble effect floor tiles which give it a luxurious feel. To the second floor is the spacious fourth bedroom with its own designated full bathroom. Also included is a landscaped enclosed garden and a cellar which offers the potential to be converted into additional living accommodation.

Browning Street is situated in a very popular residential location just to the east of Bradford City Centre and within the local vicinity is a range of shops, cafes, restaurants and public transport links. Just a few miles away is the motorway network and Bradford-s two train stations for easy travel to nearby towns and cities, such as Leeds and Manchester making this the ideal base for those looking to commute and travel.

Bradford is a great location to invest in with major regeneration projects worth £52.6 million in the £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: £15,600
Net income: £15,600
Gross yield: 10.06%
Net yield: 10.06%

Follow the link for more information:
        
onthemarket.com

  
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