1-bedroom flat · BD1 2AY
For saleReduced £3k (−4.4%) on 8 SepListed 126 days
Opportunity summary
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About
Impressive fifth floor one bedroom apartment. Offering contemporary accommodation with many attractive features.
The property forms part of this well presented development situated in the heart of Bradford City Centre overlooking Centenary Square and within easy reach of all amenities including the railway stations.
Ideal First Home or Investment Property rental income circa £650pcm, which would produce an approx 11.5% Gross Return.
The property forms part of this well presented development situated in the heart of Bradford City Centre close to Centenary Square and within easy reach of all amenities including the railway stations and Broadway Shopping Centre.
A fifth floor one bedroomed apartment in this luxury development. The property benefits from electric panel heating, and double glazing.
Briefly comprising; Entrance Hall, open plan Living Room/Kitchen, one bedroom and Bathroom.
*The Empress had the external cladding replaced in 2022 the EWS1 Form is available on request.* BD1 Fifth Floor Entrance Hall Wood laminate flooring, electric wall heater, video intercom system, airing cupboard with hot water cylinder and door to lounge.
Lounge (17' 6" x 10' 9" (5.33m x 3.28m)) Double glazed French door to Juliet balcony, TV and telephone points, wood laminate flooring, electric wall heater and spot lighting.
Open plan to the kitchen area.
Kitchen (10' 9" x 7' 10" (3.28m x 2.4m)) Fitted kitchen with a range of Maple effect base and wall units and round edge work surfaces, 11⁄2 bowl stainless steel sink and drainer with mixer taps and splash back, built-in oven, hob and cooker hood along with integrated fridge/freezer, washer/dryer and dishwasher.
Wood effect laminate flooring, extractor fan and spot lights to the ceiling.
Bedroom (13' 10" x 8' 10" (4.22m x 2.7m)) Double glazed picture window to side, TV and telephone points, electric wall heater and spot lighting.
Bathroom Three piece suite incorporating bath with shower and screen, inset wash hand basin with mixer tap, w.c.
With hidden cistern, feature tiling to three walls with fixed mirrors, shaver point, tiled flooring, heated towel rail, extractor fan and spot lights.
Leasehold Information Service Charge: £1,135.46 pa (paid bi-annually). The Annual Ground Rent is £200.00 pa, payable on the 1st January each year.
The rent reviews are every 25 years with the first rent review due on the 25th June 2032 and is calculated by rpi increase.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 31, The Empress, Bradford
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