1 bedroom apartment for sale
Key information
Features and description
- Tenure: Leasehold (132 years remaining)
- Being Sold via Secure Sale online bidding. Terms and Conditions apply.
- Beautiful Original Features
- *Virtual Tour Available*
- Great Location
- Ideal for First Time Buyers or Investors
We are thrilled to offer for sale this beautiful apartment in an iconic development by award winning developers, Urban Splash. This is a superb opportunity for an investor looking to add to their portfolio, with a high return to be generated immediately from completion with tenant in situ until 2025. Ideally positioned within walking distance of Bradford city centre, Bradford Royal Infirmary and within easy reach of the M62 motorway network.
Silk Warehouse is a popular and well-placed development which has been impeccably restored whilst retaining many of its original features including exposed brickwork and vaulted ceilings. The apartment offered for sale consists of a spacious open plan living area with several large windows providing plenty of natural light, a high-specification kitchen, a spacious double bedroom and bathroom with a three-piece suite and shower over bath.
There hasn't ever been a better time to invest in Bradford thanks to major regeneration projects underway following £52.6 million worth of funding from the Government. This regeneration includes £9 million for the One City Park office development, millions towards a new enterprise zone at Parry Lane and £3 million for the first phase of the "City Village" development. The plans will create almost 2,300 new jobs and in addition to this, according to Bradford City Council, the city's population will reach 565,000 people by 2030, which means there will be an increasing demand for rental properties such as this one.
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 132
Annual Ground Rent Amount: £202.00
Annual Service Charge Amount: £2,400.00
Rooms
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
About this agent
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