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City Exchange, 61, Hall Ings, Bradford, BD1 5DB

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • Excellent opportunity for investors
  • Generate a high return from completion
  • Impressive 6.5% NET return
  • 7th floor
  • One bedroom apartment
  • Fully-fitted kitchen
  • Shower room
  • Residents fitness studio
  • Convenient town centre location
  • Don't miss out and enquire today

Description

yieldit are pleased to present this fantastic buy-to-let investment which will make a great addition to an investor’s portfolio. Being sold with tenants in situ and already generating an excellent return above 6.5% NET meaning you can enjoy income immediately from completion.

The property is situated on the 7th floor of the popular City Exchange development, which contains over 100 modern studio and one-bedroom apartments with the benefit of lift access, a fitness studio and an extremely convenient location in the heart of Bradford city centre. This spacious one bedroom apartment features high-quality fixtures and fittings, entrance hallway, lounge, a fully-fitted kitchen with appliances and bedroom measuring 6x2 metres.

Bradford is a fantastic multicultural city in West Yorkshire, boasting world-class attractions and an abundance of shopping and entertainment facilities found at Centenary Square and the Broadway shopping centre. Bradford Interchange is a few minutes from the development, with trains running to the neighbouring city of Leeds every 15 minutes and hourly to York.

The University of Bradford, one of the UK’s top ten higher education institutions to study medicine, pharmacy and physiotherapy, is just a 10-minute walk from City Exchange. Its Pharmacy course was ranked best in the top 250 universities in the world for Pharmacy & Pharmacology in 2019 and best in the country in 2020. The student population is in excess of 10,000 which is great for tenant demand.

Please note, lettings and management fees may apply.

Financial Breakdown

Gross Rent: £7,020.00
Net income: £3,949.46
Gross yield: 12.76%
Net yield: 7.18%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-07706

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.

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City Exchange, 61, Hall Ings, Bradford, BD1 5DB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bradford Interchange Station0.1 miles
  • Bradford Forster Square Station0.4 miles
  • Frizinghall Station2.1 miles
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About the agent

yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

yieldit, Manchester

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen

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Disclaimer - Property reference YL-07706. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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