0 bed (for sale) Cunliffe Road, Bradford BD8

£390,000
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Locate Properties UK Ltd
29-31 North Parade, Bradford
01274 978022
First Published

22nd Mar 2018

Last Published

16th Jul 2018

 

Features

  • Type:
  • Bedrooms: 0
  • Listing status: sale
  • Country: England

Description

**investment opportunity**
**7 apartments**
A fantastic portfolio of 7 Apartments split across two blocks in the Lister Court Development. The portfolio consists of 4 two bedroom apartments, and 3 one bedroom; all currently rented & managed Via our dedicated Lettings Team and producing an excellent yield. Sitting across from the beautiful Lister Park, the modern development offers each apartment secure parking within the private car park. The apartments consist of fully fitted kitchens; with interated appliances, large double bedrooms and en-suites where applicable. For information on individual rentals, service charges and epc's please contact Locate Homes.

Service Charge & Lease Information

We are advised by the current owner 125 years remain on the lease ( recently extended by current vendor) & having annual service charge of 1306.41 pa with ground rent of 500 pa & Insurance 276PA.

Existing Tenancy Information

Currently the portfolio is achieving monthly rental of 4030.00 per month giving Gross Yield of 9.5 % ( Net 6%)

 

Local info for BD8

 

Property Value Data/Graphs for BD8

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Terraced house 40.3% £95,470 3.2 1.1
Semi-detached house 15.8% £134,308 3.4 1.1
Flat 13.7% £80,033 2.4 1.7
Detached house 7.2% £294,000 4.4 2
End terrace house 6.5% £143,111 5 1
Town house 5.8% £106,856 2.8 1.1
Other 5% £187,134 3.9 0.1
Bungalow 1.4% £102,500 2 0.5
Land 0.7% £50,000 0 0
Detached bungalow 0.7% £175,000 3 1
Mews house 0.7% £89,950 3 1
Barn conversion 0.7% £90,000 3 1
Block of flats 0.7% £300,000 0 0
Semi-detached bungalow 0.7% £120,000 2 1

Area Information

Average Price Paid

£99,031

Sales

1093

Current Average Value

£124,061

Value Change

£25,030 25.3%

 

Current Asking Prices in BD8 Average: £124,061

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £67,983 (3) £71,418 (29) £124,503 (42) £123,856 (23) £268,495 (10)
Flats £44,667 (3) £48,976 (13) £179,975 (2) - -
All £56,325 (6) £64,472 (42) £127,024 (44) £123,856 (23) £268,495 (10)

Nearby Properties

4 bed Terraced house () Ash Grove, Ilkley LS29 £335,000
2 bed Semi-detached house () Buttershaw Drive, Bradford, West Yorkshire BD6 £84,950
2 bed Flat () Equity Chambers, 40 Piccadilly, Bradford, West Yorkshire BD1 £79,950
1 bed Terraced house () Gillroyd Parade, Morley, Leeds LS27 £85,000
2 bed Semi-detached house () Greyshiels Avenue, Leeds, West Yorkshire LS6 £169,950
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