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1 bed flat
East Parade, Bradford BD1
£375,000
East Parade, Bradford BD1
£375,000
Our Summary
- As Managing Agents for the development please call the Squarefoot Apartments Sales team if you require any further information on this profitable, not to be missed, investment opportunity
Description
This property description is for a group of seven one-bedroom apartments located in the heart of Bradford City Centre, within the popular Little Germany area. The apartments, ranging in size from approximately 487-617 sqft, are income-producing and come with their own parking bays, which can be let separately or with the apartments. The rental income is approximately £49,800 per year, generating a gross yield of around 13% and a net yield of around 8%. The apartments feature original characteristics such as sash windows, high ceilings, and wooden floors, and are located near the M62 motorway, Bradford Interchange station, and the University. The property is also within walking distance to the Broadway Shopping Centre and Bradford City Centre, making it a profitable investment opportunity with easy access to amenities.