1-bedroom flat · BD18 3LZ
Sold STCListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented apartment situated in the well regarded Riverside Court development in Saltaire.
The development consists of 97 apartments within a former Victorian manufacturing complex that was Salts Mill.
Situated adjacent to both the Leeds Liverpool Canal and River Aire, on the edge of Roberts Park. Ideally placed for the bus and rail links making the commute into Leeds only an approx.
15 minute train journey away. Saltaire itself is a bustling village with an array of amenities including bars, cafes, restaurants, Post Office, local Coop Supermarket, hairdressers and beauticians.
There are countryside walks close. The property has been well maintained and comprises; entrance hall, spacious lounge/diner, modern kitchen, double bedroom and bathroom.
Outside, there are communal gardens and parking providing ample parking for residents and visitors. Council tax band B. No seller chain. Internal viewing is highly recommended.
Mobile Signal Information obtained from the Ofcom website indicates that an internet connection is available from at least two providers.
Broadband (estimated speeds) Standard 07 mbps, Superfast 79 mbps, Ultrafast 1800 mbps. Satellite & Cable TV Availability is through BT & Virgin.
Outdoor mobile coverage (excluding 5G) is also available from all four of the UKs four leading providers. Results are predictions and not a guarantee.
Actual services may be different depending on particular circumstances and the precise location of the user and may be affected by network outages.
For further information please refer to: Entrance Hall Entrance door and security phone entry system. Useful storage cupboard plus further cupboard housing hot water tank.
Laminate floor and storage heater. Lounge/Diner Hardwood double glazed windows to the rear. Storage heater, television point, laminate floor and coved ceiling.
Kitchen Modern kitchen having a range of light grey shaker style units with complementary wood effect work surface over. Electric hob, electric ove and extractor hood.
Part tiled walls, plumbing for washing machine and tiled floor. Stainless steel sink unit with mixer tap. Bedroom Hard wood double glazed window to the rear, storage heater and laminate floor.
Wardrobes and drawers included. Bathroom 3 piece suite in white comprising of panelled bath having an electric shower over, pedestal wash hand basin and low level w.c.
Tiled floor and part tiled walls. Heated towel rail. Outside 2 Communal gardens and parking.
Agent's Notes: Riverside Court consists of 97 apartments within a former Grade II listed Woollen Mill.
The development is run by the leaseholders through their company, Riverside Court (Saltaire) Management Company Ltd. The property is leasehold and has the remainder of a 999 year lease from 1994.
The ground rent is £89 per annum. The Seller is currently paying £226 in service charges per month. The maintenance charges include buildings insurance and maintenance of all communal areas.
A website has been set up by the management company to give residents and interested parties information.
Please see Mobile Phone and Broadband Coverage Information obtained from the Ofcom website indicates that an internet connection is available from at least two providers.
Broadband (estimated speeds) Standard 07 mbps, Superfast 79 mbps, Ultrafast 1800 mbps. Satellite & Cable TV Availability is through BT & Virgin.
Outdoor mobile coverage (excluding 5G) is also available from all four of the UKs four leading providers. Results are predictions and not a guarantee.
Actual services may be different depending on particular circumstances and the precise location of the user and may be affected by network outages. For further information please refer to:
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Victoria Road, Saltaire, Shipley, BD18
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