Guide price
£405,000
2 bed flat for saleVicar Lane, Bradford BD1
2 beds
1 bath
About this property
Albion House on Vicar Lane in Little Germany, Bradford, is a significant Grade II listed Victorian warehouse designed by architects Milnes and France and completed around 1868. Built for Kessler & Co., it was a key textile warehouse during Bradford's 19th-century commercial boom, later renovated into mixed-use residential and commercial spaces.
We are pleased to present the second of two exciting opportunities to purchase multiple apartments which are creating a great net yield. For any potential investor the hard work has already been completed the properties have been developed, furnished and income producing.
The 8 units in total in total consist of 1x studios, 6x 1 bedroom and 1 x 2 bedrooms all of which are furnished.
The units are creating an average net yield of over 10%
With a modern interiors the units are popular with potential renters and are located ideally for the city centre and the facilities that are on offer within the city as well as within easy reach of all transport links, the Broadway shopping centre, local restaurants city Park and local museums are all on the door step.
The images listed show various elements of each of the apartments
The properties would be leasehold and have in excess of 100 years remaining on the leases
If anyone would like further information, please do not hesitate to contact our office on option 5.
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More information
Tenure
Leasehold (Ask agent)
Service charge
£11,956 per year
Council tax band
A
Ground rent
£2,083
Ground rent date of next review
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