2-bedroom flat · BD1 2DX
Sold STCListed 184 days
Opportunity summary
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About
***A THIRD FLOOR TWO BEDROOM, TWO BATHROOM APARTMENT SITUATED IN A CONVERTED MILL WITHIN A POPULAR QUARTER OF BRADFORD CITY CENTRE*** Available with sitting tenants paying £850.00P/M making this an ideal Investment Opportunity!!
The Old Mill is situated on Thornton Road BD1, directly opposite Arkwright Hall only a stone`s throw away from the main Bradford University and conveniently set in the heart of the City Centre with easily accessible transport links (public buses and trains).
The development is a former textile mill, which has been renovated to a modern residential apartment building.
Situated on the 3rd floor, briefly comprising; Entrance Hall, large open plan Living/Kitchen, Two Double Bedrooms, one with En-Suite, and the Bathroom.
Entrance Hall Door to the front elevation, electric wall heater, cupboard housing the water cylinder and intercom system.
Living Room 28' 4" x 12' 4" (8.64m x 3.76m) Open to the kitchen with two double glazed floor-to-ceiling windows to the rear and side elevations, television point, telephone point and electric wall heater.
Kitchen Fitted kitchen with a range of base & wall units in with contrasting work surfaces, electric oven, electric hob & extractor above, and one and a half bowl sink & drainer with mixer tap.
integrated washing machine and fridge/freezer. Bedroom One 13' 1" x 10' 4" (4m x 3.15m) Double glazed window to the rear elevation, electric wall heater and door to the en-suite.
En-suite Shower Room Three piece suite comprising shower cubicle, w/c and wash hand basin. Part tiled with an extractor fan, heated towel rail and a double glazed window to the rear elevation.
Bedroom Two 14' 0" x 9' 5" (4.27m x 2.87m) Double glazed window to the rear elevation and an electric wall heater.
Bathroom Three piece suite comprising paneled bath, w/c and wash hand basin. Part tiled with an extractor fan, shaver point, and a heated towel rail.
LEASEHOLD INFORMATION Lease length - 125 years from 1st January 2011 Ground Rent – £390.00 per annum. Service Charge – £3148.68 per annum
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 Thornton Road, Bradford, West Yorkshire, BD1
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