1 bed Flat (for sale) East Parade, Bradford BD1

£440,000
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Squarefoot Apartments
34 Sunbridge Road, Bradford
01274 800167
First Published

2nd Oct 2018

Last Published

2nd Oct 2018

 

Features

  • Type: Flat
  • Bedrooms: 1
  • Listing status: sale
  • Country: England

Description

***** We are pleased to offer a group of seven one bedroom apartments for sale (may sell individually) in a popular location in Bradford City Centre *****

Looking for an investment in the heart of the city with great yields?

Behrens Warehouse in Little Germany is a beautiful building full of old character and charm.

The apartments of which are all income producing, vary in size ranging from approximately 487 sqft - 617 sqft.

Each of the apartments has its own parking bay which is an additional source of income, the parking bays being let with the apartments or on an individual basis.

Service Charges of £1,154.76 and ground rent of £150.00 annually including the parking, and a long remaining lease of 110 years make this a great investment opportunity.

Rental income is approximately £35,500 per year creating a yield of approximately 8%.

The apartments are spacious and light, have original features like sash windows, high ceilings and wooden floors which are all popular features.

Only minutes away, from the M62 motorway. The Bradford Interchange station and University is just a short walk.

You will also benefit from having easy access to Broadway Shopping Centre and Bradford City Centre which are located within 5 minutes walking distance.

As Managing Agents for the development please call the Squarefoot Apartments Sales team if you require any further information on this profitable, not to be missed investment opportunity.


 

Local info for BD1

 

Property Value Data/Graphs for BD1

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 84.5% £66,572 1.4 1
Studio 13.2% £42,148 0.2 0.8
Terraced house 0.9% £174,975 5 0.5
Land 0.5% £500,000 0 0
Other 0.5% £15,000 1 1
Block of flats 0.5% £45,000 0 0

Area Information

Average Price Paid

£67,284

Sales

247

Current Average Value

£65,976

Value Change

£1,308 2%

 

Current Asking Prices in BD1 Average: £65,976

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £38,992 (6) - - £150,000 (1) -
Flats £64,355 (124) £69,041 (59) £104,998 (2) £119,000 (1) -
All £63,184 (130) £69,041 (59) £104,998 (2) £134,500 (2) -

Nearby Properties

1 bed Land () Clifton Road, Halifax HX3 £475,000
3 bed Terraced house () Winter Street, King Cross, Halifax HX1 £72,000
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
4 bed Detached house () 10, The Croft, Thwaites, Keighley, West Yorkshire BD21 £379,995
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