1 bed flat for sale

Clyde Street, Old Tannery Clyde Street BD16

Tenure: Leasehold

Priced to sell


Available vacant & chain free
Ideal first time home or buy to let

Current Rent £475 pcm-Potential Rent £500 pcm
Potential Gross Yield 10% per annum

This well-presented one bedroom flat is situated on the top floor of a modern development in the heart of the town centre. Arranged over two levels, the apartment offers a contemporary layout with a compact kitchen and separate lounge, a double bedroom and a stylish bathroom with modern bath, overhead electric shower, washbasin & toilet. The property is available chain free and although currently tenanted, making it an ideal purchase for first-time buyers, investors, or those seeking a convenient pied-à-terrae. With a leasehold tenure boasting 967 years remaining, this apartment provides long-term security and peace of mind. The ground rent is set at £50 per annum, and the service charge is £1,855 per annum (paid monthly), covering building maintenance and communal areas. The property holds an EPC rating of D, with potential to improve to C, offering scope for energy efficiency enhancements. Council Tax Band A ensures affordable annual outgoings. For investors, the property offers a potential rental income of £500 per calendar month, equating to a gross yield of approximately 10 percent per annum. The apartment is ideally located within walking distance of shops, restaurants, and transport links, providing an enviable town centre lifestyle.

Residents benefit from access to an underground car park with unallocated spaces, ensuring parking is available exclusively for those living in the development. While there is no private outdoor space attached to the flat, the central location places a range of local parks and green spaces within easy reach, perfect for enjoying the outdoors or relaxing after a busy day. The well-maintained communal areas are regularly serviced as part of the service charge, contributing to a pleasant environment for all residents. This property combines the benefits of low-maintenance living with the practicality of private parking, making it an attractive option for professionals, commuters, or anyone seeking modern accommodation in a vibrant town centre setting. Early viewing is highly recommended to appreciate all that this superb apartment has to offer.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Mp has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Mp has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information.

EPC Rating: D

Location

Apt 21, Old Tannery Clyde Street, Bingley BD16 4JJ

Parking - Off Street

Unallocated-However, Car Park for Residents only