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Ashgrove, Bradford, West Yorkshire, BD7 1BN (For Sale)

£185,000
Ashgrove, Bradford, West Yorkshire, BD7 1BN

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Property Type: Terraced | Bedrooms: 9 | Receptions: 0 | Kitchens: 1 | Bathrooms: 3

Details

Location: Bradford

Features
  • 9 BEDROOMS AVAILABLE
  • WALKING DISTANCE FROM THE UNIVERSITY OF BRADFORD
  • WALKING DISTANCE TO CITY CENTRE
  • CLOSE TO ALL LOCAL AMENETIES
  • GREAT OPPORTUNITY FOR BUY TO LET INVESTORS
  • CURRENT ANNUAL YIELD OF 10.8% IF BOUGHT AT ASKING PRICE

Description

NOW REDUCED FROM 185,000

AGENT´S NOTE:
Great investment opportunity for buy to let investor. Could be converted into a residential home or care home for people with special needs (subject to any necessary planning consent).
If the property was to be modernised, it could further increase the rental potential.
The property currently benefits from a HMO licence and our clients have informed us that 7 years are remaining.

PROPERTY & LOCATION:
Spacious terrace property built in traditional Yorkshire stone with a tile roof. Located in the heart of the student district. Literally opposite the main campus at Bradford University.
This area is well populated with students and the number is growing at a fast rate with the on going expansion at Bradford University and Bradford College.
Bradford University is allocating 50 million towards the expansion/improvement of the university and expects to grow by 30% by 2024, aiming for a student headcount of 16,000.

ACCOMMODATION:
All rooms of accommodation are available, one communal living room and two kitchens and three bathrooms.

RENTAL:

At full occupancy, total rental projection at: 650.00 per week (2,817.00 per calendar month / 33,800.00 per annum) - representing a total yield of 13.8% if bought at asking price..

THE PROPERTY MISDESCRIPTIONS ACT 1991:
Any areas, measurements or distances are approximate. Land measurements are provided by the vendor and buyers are advised to obtain verification from their solicitor. The text, photographs and plans are for guidance only and are not necessarily comprehensive. Items shown in the property photographs are not included unless specifically mentioned within the sales particulars although they may be available by separate negotiation. Bradford Estates Ltd. cannot verify that the fixtures and fittings, equipment or services are in working order or fit for the purpose and buyers are advised to obtain verification from their solicitor. The tenure of a property is based upon information supplied by the seller and buyers are advised to obtain verification from their solicitor.

Ref: 39BD71BN

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