289 Otley Road, West Yorkshire, Bradford
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Investment Property
- Tenanted fixed term until 25.01.2025
- Annual Rental Income £6,900.00
- NEW 999 lease, NO GROUND RENT
- One bedroom apartment
- First floor
- Internal courtyard views
- Secure modern development
- Communal garden area
- Parking facilities
Description
Property Reference number : 263352
*** IDEAL INVESTMENT OPPORTUNITY, 10% YEILD WITH TENANT IN SITU - £6,900.00 PER ANNUM RENTAL INCOME. NEW 999 LEASE WITH NO GROUND RENT CHARGE ***We are pleased to provide this ideal investment opportunity, to new and current investors looking to add an excellent investment property to your portfolio.
We are offering a one-bedroom property, located with Lunar Apartments, BD3. The property is currently tenanted with a tenant currently paying £6,900.00 per annum, within a fixed term contract until 25.01.2025.
Lunar Apartments is a modern block of apartments within a secure gated development. The property is located on the first floor, with internal views.
Lunar Apartments offers many benefits to residents, includes secure door entry system, secure car parking facilities (owed by freeholder), lift facilities within the block, CCTV and postal area.
Lunar Apartments is block managed by Pomegranate Property Management, who are conveniently based on site allowing a smooth building management service to all residents & leaseholders.
The building is located on Otley Road BD3 0EG, offering excellent transportation links out of Bradford and Leeds City Centre approximately 30 minute drive.
The apartment on offer boasts an open plan kitchen diner, kitchen fitted with dishwasher and integrated under counter fridge freezer, separate airing cupboard housing freestanding washing machine and general storage space, well sized bedroom and tiled bathroom with shower over bath.
Lease Information: The property will be sold with a brand new 999 lease, that includes no annual ground rent payments. The current service charge is £884.08 per annum, paid over 2 invoices.
VIEWINGS RECCOMENDED.
Council Tax: A
Current Annual Service Charge: £884.00
Current Length Of Lease Remaining: 999 Years
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Property Reference number : 263352
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
289 Otley Road, West Yorkshire, Bradford
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bradford Forster Square Station0.9 miles
- Bradford Interchange Station1.2 miles
- Frizinghall Station1.7 miles
Notes
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