0 bed (for sale) Cunliffe Road, Bradford BD8

£498,000
Add to Basket Basket Looks Interesting
agent logo
Locate Properties UK Ltd
29-31 North Parade, Bradford
01274 978022
First Published

11th Aug 2020

Last Published

11th Aug 2020

 

Features

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

Description

**investment opportunity**
**8 apartments**
A fantastic portfolio of 8 Apartments split across two blocks in the Lister Court Development. The portfolio consists of 5 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. Offering Gross Yield Of 8.80 % & Net Yield Of 5.29 %

Service Charge & Lease Information

We are advised by the current owner 122.5 years remain on the lease ( recently extended by current vendor) & having annual service charge of 1450 pa with ground rent of 500 pa & Annual Insurance Of £297 Total £2247.

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 45.7% £90,857 2.9 0.9
Semi-detached house 17.3% £196,064 4 1.6
End terrace house 8.6% £112,850 3.7 0.7
Flat 8.6% £55,121 2 1.1
Other 6.2% £150,800 1.6 0.8
Town house 3.7% £108,332 2.7 1.3
Cottage 3.7% £104,998 2.3 1
Detached house 2.5% £354,998 4.5 3
Land 1.2% £10,000 1 0
Bungalow 1.2% £184,995 3 0
Semi-detached bungalow 1.2% £215,000 4 0

Area Information

Average Price Paid

£103,500

Sales

1082

Current Average Value

£120,943

Value Change

£17,443 16.9%

 

Current Asking Prices in BD8 Average: £120,943

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £150,500 (2) £65,828 (21) £122,018 (22) £157,226 (17) £205,706 (7)
Flats - £55,121 (7) - - -
All £103,667 (3) £63,151 (28) £122,018 (22) £157,226 (17) £205,706 (7)

Nearby Properties

1 bed Land () Hipperholme, Halifax HX3 £4,000,000
7 bed Detached house () Oxley Croft, Weetwood Lane, Leeds, West Yorkshire LS16 £1,975,000
4 bed Detached house () Buckstone Grange, Cliffe Drive, Rawdon, Leeds, West Yorkshire LS19 £1,950,000
1 bed Flat () New York Street, Leeds LS2 £1,800,000
6 bed Detached house () Grove Road, Ilkley, West Yorkshire LS29 £1,750,000
Property information powered by Zoopla