**Standout Features:**
- Seventh-floor studio flat
- Currently leased, producing a rental income of £450/month (£5,400/year)
- Ideal for investors or first-time buyers
- Leasehold with 112 years remaining
- Close to local shops, amenities, and St Michaels Recreational Ground
- Accessible transport links via Bradford Forster Square rail station
**Potential Concerns:**
- Flat's condition and layout uninspected by the auction house
- The area has a high crime rate and is classified as deprived
- Shows Brutalist architecture which may not appeal to everyone
This seventh-floor studio flat offers a unique investment opportunity in the heart of Bradford’s vibrant student community. With a current rental income of £5,400 per annum, this affordable property can cater comfortably to investors looking for reliable returns or first-time buyers envisioning urban living. Featuring a compact layout with a studio room and communal facilities, it benefits from local shops and recreational spaces that enhance the lifestyle of its tenants.
However, potential buyers should be aware of the uninspected condition of the property and the high crime ratings of the surrounding area. An auction guide price of just £5,000—along with a remaining lease of 112 years—presents an attractive proposition for those seeking renovations or looking to secure a foothold in a cosmopolitan location. Whether for rental income or personal use, act quickly—this unique offering won't stay available for long!
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