Freehold Flats in Bradford with further development potential

Location: Bradford BMV Property

Current Value: £450,000

Available To You For: £395,000

BMV Investment Details

Type Beds Value Purchase Price Instant Equity Mortgage (month) Rental (month)
Flats 9 x 1 £450,000 £395,000 £ 55,000 £889 £3225

About this BMV property

Private sale of freehold whole block with further development potential

9 x individual Self Contained flats within a large Victorian Gentleman's residence conversion, the property is located in a fantastic location just outside of Bradford City Centre in Manningham offering an annual return of £38,700 over 9 units.

Rental Income

There is additional scope for a further 2 flats in the basement floor having additional side and rear access to the property. or 1x 2 Bed flat, an existing office and Laundry Room. providing an additional scope of £5100 from the 1 bed flat

At the side of the property is situated a substantial enclosed car park space with front and rear vehicular access with the potential to build a further development of a further block consisting 12 self contained flats STPP.

This property is located in Bradford.

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