2 bed flat for sale

Stonegate House, Stone Street, Bradford, West Yorkshire BD1

To be sold via Modern Method Of Auction Starting Bid: £45,000. Sold as an investment: Tenant in occupation paying £795.00 pcm. A Gross return of over 20%! Second floor two bedroom furnished apartment with a pleasant elevated valley view in this purpose built city centre complex. Council Tax Band: C. EPC: C.

A second floor, two bedroom furnished apartment with a pleasant elevated valley view in this purpose built city centre complex with the added bonus of parking. With laminate and tiled floors throughout, electric heating, double glazing along with spot and wall lighting. The kitchen includes built-in oven, hob, fridge, dishwasher and washer/dryer including granite work tops. The bathroom is finished with a contemporary white suite, fully tiled walls and floor and a shower over the bath.

The Apartment is currently let on an Assured Shorthold Tenancy from 23rd December 2024 to 23rd December 2025 at a rent of £795.00 pcm.
A Gross return of over 20%!

City Centre

Entrance Hall

Wall mounted electric panel heater, laminate flooring, ceiling with three recessed low-voltage spotlight(s). Door to:

Lounge/Diner (23' 11" x 11' 4" (7.3m x 3.45m))

Double glazed window to side, two wall mounted electric panel heaters, laminate flooring, telephone point, TV point, three wall lights.

Fitted Kitchen (12' 0" x 6' 10" (3.65m x 2.08m))

Fitted with a matching range of modern base and eye level units with under lighting and granite worktop space over, stainless steel sink unit with single drainer and mixer tap with tiled splashbacks, integrated fridge, slim line dishwasher, washing machine / tumble drier, built-in electric oven, four ring halogen hob with extractor hood over, wall mounted electric panel heater, laminate flooring with extractor fan.

Bedroom 1 (12' 0" x 10' 6" (3.66m x 3.2m))

Double glazed window to side, wall mounted electric panel heater, laminate flooring, ceiling with four recessed low-voltage spotlight(s).

Bedroom 2 (11' 4" x 10' 4" (3.45m x 3.14m))

Lit from lounge with slatted blinds, wall mounted electric panel heater, laminate flooring, and ceiling with four recessed low voltage spotlight(s).

Bathroom

Three piece white suite comprising panelled bath with shower over and glass screen, pedestal wash hand basin with mixer tap and low-level WC, full height ceramic tiling to all walls, heated towel rail, extractor fan, airing cupboard housing factory lagged hot water tank, ceramic tiled flooring.

Important Information

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (IamSold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service (truncated)

Leasehold Information

The Headlease was granted for 125 Years from 1st January 2005.
The ground rent payable is £203.40 pa. (1/1/2024)
2025 Demand has not been received as at 13/02/2025
Rent reviews are every 5 years based on rpi (All Items)

Service Charges (1/1/2025 - 31/12/2025) are currently £570.14 per quarter, £2280.56 pa.
This includes the Buildings Insurance premium.

The Car Park space attracts separate ground rent and service charges.
2025 Demand has not been received as at 13/02/2025
The Ground Rent payable is £770.31 + vat, pa. (2024)
The Service Charge payable is £190.44 + vat, pa (2024)
Rent reviews for both are every 5 years based on rpi (All Items)