Dennis Bellamy Halls, Laisteridge Lane, Bradford, BD5

For Sale £5,000,000

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!

  • 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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