£450,000

Block of flats for sale

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Fixed price

£450,000

(£450,000.00/sq. ft)

Block of flats for sale

134 Sunbridge Road, Bradford BD1

1 sq. ft

Local area information

Property location

Nearby amenities

  • Bradford Forster Square 0.4 miles
  • Dixons Manningham Academy 0.5 miles
  • Dixons McMillan Academy 0.5 miles
  • Bradford Interchange 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Bradford to find out more about the local area.

Features and description

The property comprises a substantial, stone built former wool warehouse/office building, which was converted in 2014/2015, to provide a total of 66 student units, with appropriate shared facilities. The individual units have been sold off to investors who deal with their own letting etc.
Tenure


The property is held freehold.
Income / ground leases


The units were all sold on 250 year full repairing and insuring leases for a term of 250 years from 1 January 2015. The initial rental for the first 10 years of the term are £300 per annum and these rents increase by £300 per annum each 10 years (fixed increase). The current total passing rental therefore is £19,800 per annum, increasing with effect from 1 January 2025 to £39,600 per annum. The management is dealt with by the management company who also deal with the insurance.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Mark Brearley & Co. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Mark Brearley & Co for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Yorkshire
  4. Bradford
  5. Bradford City Centre
  6. Sunbridge Road