1 bedroom apartment for sale

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1 bedroom apartment for sale

City Exchange, 61, Hall Ings, Bradford, BD1 5DB
£55,000

Price History

Initial price £60,000
24/04/24 £55,000
Price Change -8.33%

Description

This buy-to-let investment property in Bradford, West Yorkshire, offers a 12.76% gross yield and a 7.18% net yield, with tenants already in place and generating income. The property is located on the 7th floor of the City Exchange development, which features modern studio and one-bedroom apartments with lift access, a fitness studio, and a convenient central location. The University of Bradford, one of the top higher education institutions in the country, is nearby, providing a strong demand for rental properties. The financial breakdown shows a gross rent of £7,020 and a net income of £3,949, with a gross yield of 12.76% and a net yield of 7.18%.