Project Description

Location
The subject property is located on the sixth floor of Summerbury Place on Sunbridge Road in Bradford City Centre.

The city has been subject to regeneration over the past few years. Nearby occupiers include Costa, Subway, Kirkgate Shopping Centre and Morrisons. The location has a regular public transport service linking to the surrounding areas.

Bradford Forster Square Train Station is located approximately 0.8 miles to the East. The University is located on Richmond Road which lies 0.3
miles to the south.

Description
Self contained student accomodation in a block of 223 similar properties currently let predominantly to students. The accommodation comprises living/sleeping area and its own 3 piece bathroom suite. There are shared kitchen facilities.

Services
We understand the property has mains electricity, water and drainage connected

Tenure
Long leasehold – approx 121 years remaining.

Investment Analysis
It is envisaged the apartment will rent for £300 pcm (£3,600 p.a) representing a gross yield of 18%

Ground Rent
The current ground rent is £260 per annum.

*Guide Price
£19,950

Viewing by Appointment

To view this property, please contact John Pye Property – property@johnpye.co.uk – 0115 970 6060

Please click the following link to access the legal pack documents – http://www.johnpye.auctiondocs.com/

Address

Summerberry Place
201 Sunbridge Road
Bradford
BD1 2LQ

Features

✓ City centre student accommodation

✓ Ideal buy to let
✓ High investment yield
✓ Close to university
✓ Excellent views
✓ Close to all amenities
✓ Good transport links
✓ Shared kitchen facilities

Contact

Matt Kirk
Phone: 0115 970 6060
Email: property@johnpye.co.uk
Our Ref: PR106

TPO_generic logo

NLAlogoSupplierblue