1 bed flat for sale

Rawson Buildings, 4 Rawson Road, Bradford, West Yorkshire BD1

Excellent Investment. Currently Let for £650.00 pcm, which is over 13% gross return. An attractive well-presented third floor one bedroomed apartment offering light spacious accommodation.
Council Tax Band: B. EPC Rated: C.

The property is situated to The North side of the City Centre and is conveniently sited for local amenities. City Park with its lake and fountains, the Broadway shopping centre and the railway stations are close by.

Excellent Investment. Currently Let for £650.00 pcm, which is 13% gross return. An attractive well-presented third floor one bedroomed apartment offering light spacious accommodation.

The Current Tenancy commenced on the 3rd October 2023 for 12 months until 2nd October 2024.

The accommodation which has electric panelled radiators and sealed unit double glazed windows briefly comprises hall, spacious sitting room which is open planned to the kitchen area with built in appliances. Double bedroom and bathroom with a three piece suite and over bath shower.

Ground Floor

Communal Reception Areas

Staircase to the first floor.

First Floor

Private Reception Hall

Electric panelled heater. Intercom system.

Spacious Living Room With Kitchen Area (17' 9" x 14' 7" (5.4m x 4.45m))

Sealed unit double glazed mullion style skylight windows. Wood effect floor covering. Four wall light points. Open plan to:

Kitchen Area

1 1/4 bowl stainless steel sink unit. Attractive range of fitted base and wall units incorporating built in oven and four ring electric hob. Integrated washer/dryer. Built in fridge. Fitted extractor/cooker hood. Inset ceiling spotlights. Wood effect floor covering. Cupboard housing the cylinder.

Bedroom One (10' 0" x 10' 0" (3.05m x 3.05m))

Sealed unit double glazed window. Electric paneled heater.

Bathroom (7' 7" x 5' 11" (2.3m x 1.8m))

Three piece suite comprising panel bath with shower over, mixer taps, pedestal wash basin with mixer taps. Low flush w.c. Wood effect floor covering, heated towel rail, part tiled walls, inset ceiling spotlights.

Leasehold Information

The Apartments are sold subject to a 125 year lease granted on 1st January 2007.
The Ground Rent is £180.00 pa per Apartment, payable on the 1st January each year.
The Rent reviews are every 25 years, the 1st of which is the 31st December 2032.
The Ground Revised Rent will double every 25, years i.e. £360.00 from 2032 - 2057 etc.
The Service Charges are £717.60 pa, 1st April 2023 to 31st March 2024. Payable monthly at £59.80 per month. The 2024/2025 is still being prepared.
The Buildings Insurance is arranged by the Freeholder and recharged to individual Leaseholders on the 1st April each year.
The Head Lease specifies a Reserve Fund contribution is to be made at the rate of £200.00 pa per Apartment.
However this has been reduced to £100.00 for the last 9 years as the reserve fund currently held is considered healthy by the Director and Management Company.