Revive Court

Huddersfield, United Kingdom

£75,000

  • Ideal Investment Opportunity
  • Current Tenant In Situ Paying £650pcm
  • Generating a Net Yield Of 8.7%
  • Long Lease Left
  • Allocated Parking
  • Secure Intercom Entry System

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Pure Investor brings to the market this 1-bedroom apartment for sale.

Located on Bradford Road making it ideal for transport links and within walking distance to Asda, alongside having other local amenities close by. Parking in a secure electric gated car park with an intercom entry system to the building. Revive Court has plenty to offer its residents. With beautiful open plan living space with new kitchenette opening into a spacious lounge with room for a dining table. The bedroom is also spacious with fitted wardrobes alongside a full tile family bathroom. Perfect for first-time buyers and investor landlords. The building also has a secure bin store, communal garden area and allocated parking spaces as well as visitor spots.

INVESTMENT INFORMAITON
– Asking price: £75,000.
– Current rental income: Flat 6 £575pcm (£6,900 per annum) | Flat 15 £650pcm (£7,800 per annum).
– Gross yield: Flat 6 – 9.2% | Flat 15 – 10.4%.
– Service charge: £1,260.99 per annum for both apartments.
– Ground rent: £0 for both apartments.
– Net yield: Flat 6 – 7.5% | Flat 15 – 8.7%.
– Tenure: Leasehold (999 years from 2008).
– Intercom entry system and lift access.
– Allocated and electric gated parking and visitor bays.


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