Large apartment building with commercial premises in Bradford.
Description
The historical building includes:
- 71 apartments (13 sold): 4 studios, 20 one-room, 31 two-room and 3 three-room
- 3 commercial premises (1 sold)
Tenure: Freehold.
Financial performance
The current gross yield is 8.4%.
The expected gross yield is 9.1% (in case of 100% occupancy).
Tenants
- Living space: 54 of 58 apartments are let
- Commercial space: 3 out of 3 commercial units are let
- Parking: 44 out of 56 spaces are let
Location and nearby infrastructure
The building is located in the center of Bradford.
Bradford is a city in England, in West Yorkshire. Located 15 kilometers west of Leeds and 65 kilometers northeast of Manchester.