1 Bed Flat For Sale Peregrine Way, Bradford, BD6

SUPERB INVESTMENT YIELDING NEAR 7% NET! A fantastic modern one bedroom apartment with Juliette balcony and parking in a desirable area of Bradford.\r
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yieldit present an excellent investment opportunity which can generate you income right from completion, with an impressive return in the region of 7% NET! This lovely apartment is positioned on the first floor of a small development in a desirable area of Bradford. Internally, the accommodation consists of open plan lounge with Juliette balcony and fully fitted kitchen; double bedroom; family bathroom with three-piece suite and entrance hallway. The development has secure intercom entry and the benefit of allocated parking and communal gardens for residents to enjoy. \r
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Residents have easy access to everyday shops and amenities within walking distance and beautiful open countryside on their doorstep. Bradfords city centre is just 20 minutes away by car, offering multiple shopping centres with a wide range of shops, along with plenty of bars and restaurants. Transport links are also excellent with the Bradford Interchange close by providing easy access to the nearby cities of Leeds, Manchester and London, as well as Leeds Bradford and Manchester Airport.\r
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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.

Financial Breakdown

Gross Rent: £5,940.00
Net income: £4,663.84
Gross yield: 8.49%
Net yield: 6.66%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-07741