This en-suite bedroom with shared kitchen facilities would make an ideal purchase for a landlord looking for a high yield and to grow their portfolio. The unit is currently tenanted generating a gross rental income of £4,200 per annum.
The building has a ground floor communal reception entrance. Colonnade House is also located within walking distance of the city centre, rail/bus stations and Bradford University.
Leasehold information:
Lease length - 125 years from 23rd March 2012
Service Charge - 3rd October 2024 - 28th September 2025 - £2558.45
Ground Rent - £250 Per Annum. 7th Floor Bedroom with en-suite shower room and access to communal kitchen Additional Information Council Tax Bradford - Band A EPC Rating D Tenure Leasehold Disclaimer Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change. Charges and Payments In addition to the deposit
Administration Charge: 1.2% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
Searches £300 inc VAT Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - See above Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.