Studio flat · BD18 2EJ
Listing removedListed 48 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Incommunities are pleased to offer Flat 9, 148 Crag Road in Shipley The property is on the 2nd floor (approx 30 steps to access- no lift).
It is a studio/ bedsit and comprises of a combined bedroom/living room, kitchen, bathroom and storage. The property is unfurnished but includes carpets.
A local lettings policy applies to this property, see details below.
Local Lettings Policy: References must be provided from at least two sources, one of which should be from a previous or current landlord.
Applicants must provide a full three-year address history for referencing purposes.
Applicants known to have committed violent or anti-social behaviour, or any other form of nuisance, will not be considered.
Applicants with current drug and/or alcohol abuse issues will not be considered.
Applicants with a history of drug and/or alcohol abuse must provide evidence or references showing no relapse within the past 12 months.
Applicants with general tenancy support requirements and/or vulnerabilities will not be considered. Only applicants aged 25 years and above will be considered for bedsits and one-bedroom flats.
Applicants who are employed, either full-time or part-time, will be prioritized to help achieve a sustainable community. Additional Information: No bond/deposit required, and no letting agent fees.
Assistance available for council tax or Universal Credit applications. Rent is charged over a 52-week period. Rent payments must be made in advance.
Universal Credit claimants and those in employment need to make an advance rent payment of 1 months rent (£408.03) when signing up.
Full repairs service, including annual gas appliance servicing where applicable. 24/7 call-out for emergency repairs.
New tenants will have an Assured Shorthold Tenancy for the first 12 months, which will convert to an assured tenancy after 12 months if conducted satisfactorily. Interested?
Please complete a contact form. If your application is successful, we will contact you. Note: You must have an up-to-date Live Bradford Homes Application to be considered.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 148, Crag Road, Shipley, Bradford
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