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
Price  £5,000,000  

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Full Description
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

-Financial Summary-
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
Gas: 13,589.64
Electric: 15,367.80
Water: 11,972.76
Total Cost: 55,430.20

For further info please contact our Open House Burnley team! (reference: 169)


Disclaimer
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.

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Contact Details
To view this property or request more details, contact

Open House Burnley
45a
Hammerton Street
Burnley
Lancashire
BB11 1LT

Tel : 01282 786606
Email : burnley@localagent.co.uk
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