Long-lease investment with tenant and central convenience.
Tenant in situ paying £725 pcm providing immediate rental income
Long lease: 111 years remaining
Annual service charge approx £3,185
Sold at auction via secure online bidding (terms apply)
Heating: electric room heaters only, no central system
Stone walls likely uninsulated — potential energy inefficiency
Location: close to Bradford town centre and many amenities
Area notes: very high crime and very deprived locality
This two-bedroom apartment occupies a character stone building near Bradford town centre and is offered for sale with a long lease and a sitting tenant. The open-plan living/dining/kitchen and two double bedrooms (one en-suite) give straightforward rental appeal or a remodel opportunity for an owner-occupier prepared to upgrade. The property is sold at auction via secure online bidding.
Important income detail: the flat is currently let, producing £725 pcm. That makes it suitable for investors seeking immediate rental income, but the tenant is in situ so vacant possession is not guaranteed on completion. Service charges are significant and should be factored into running costs.
There are practical drawbacks to note: heating is by electric room heaters only and the building’s original sandstone walls are assumed uninsulated, so energy costs and comfort will likely need attention. The area records very high crime rates and high local deprivation, which may affect resale and tenant demand outside the local rental market. Council Tax Band B is low, and flood risk is low.
Buyers should budget for potential refurbishment, heating upgrades and any insulation work, and must be comfortable purchasing at auction under the listed terms and conditions. For an investor wanting immediate income or a buyer able to carry improvement works, this apartment offers long lease security and a central location close to shops, transport and local schools.
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