Dennis Bellamy Halls - Bradford
- Parking facility on-site
- Modern shared kitchen facility
- Security on-site
- 8-10 minutes walk to Bradford University & town centre
- New boilers on each floor
- Gyms, Shops, Restaurants & Cafes in the local area within walking distance
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Property investment with 8.1% YEILD!
Freehold block of 169 rooms in total (arranged in a typical cluster; flats per floor plans). Building has a lift and a total of 8 floors.
The building requires light modernisation throughout.
157 x Standard room (113 SQFT)
9 x En-suite rooms (113 SQFT)
2 x 2 bed flats (765 SQFT)
All rooms inc: Heating, Hot Water, Wi-Fi, Gas & Electric
Monthly income based on 100% occupancy: £33,800.00
Annual Income based on 100% occupancy: £405,600.00
Running cost 2020/2021
Maintenance Cost: £8,000.00
Management Fees: £6,500.00
Total Cost: £55,430.20
For further info please contact our Open House Burnley team! (reference: 169)