2-bedroom flat · WF16 9EX
To rentListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold 2 Bedroom Apartment | Heckmondwike, WF16 | £79,000 An excellent opportunity to acquire a well-presented two-bedroom apartment in the heart of Heckmondwike, offering strong rental returns and immediate investment income.
Investment Overview Purchase Price: £79,000 Current Rental Income: £720 pcm (£8,640 per annum) Service Charge: Approximately £1,640 per annum Returns Gross Yield: 10.8% Estimated Net Income: Approx.
£7,000 per annum Net Yield: Approx. 8.75% The property is currently tenanted, providing immediate rental income from completion.
Property Description Situated within a well-maintained development, this spacious upper-floor apartment offers comfortable and practical living accommodation suitable for both investors and owner-occupiers.
The apartment comprises a bright and generously sized living area with excellent natural light, two well-proportioned bedrooms, a functional kitchen, and a modern bathroom.
The property is presented in good condition throughout and is ready for immediate occupation or continued letting.
Residents benefit from lift access within the building, adding convenience and accessibility, while on-street parking is available nearby.
Location Located within the popular WF16 postcode, the property enjoys easy access to Heckmondwike town centre, with a range of shops, supermarkets, cafés, schools, and local amenities all within close proximity.
The area also benefits from excellent transport connections to Leeds, Bradford, Huddersfield, and surrounding areas, making it attractive for commuters and tenants alike.
Nearby parks and green spaces further enhance the appeal of the location. Key Features 2 Bedroom Apartment Strong Investment Opportunity Tenant in Situ Immediate Rental Income Approx.
8.75% Net Yield Lift Access Good Condition Throughout Excellent Transport Links Popular Rental Location Suitable for Investors or Residential Buyers Enquire Today A fantastic opportunity to secure a high-yield residential investment in a well-connected and consistently popular rental area.
Receptıon A well-presented and spacious reception room offering a bright and airy feel throughout.
The property benefits from modern décor, ample seating space, large double doors opening to a balcony area, and a contemporary entertainment wall, making it an ideal family living space.
Kıtchen Modern open-plan living and kitchen area finished in a contemporary style with neutral décor throughout.
The space offers a bright and airy feel, featuring a fitted kitchen with integrated appliances, generous lounge area, and comfortable living space ideal for both relaxing and entertaining.
Bedroom 1 Stylish and comfortable bedroom featuring modern décor, excellent natural light, fitted storage, and a generous layout perfect for relaxing and everyday living.
Bedroom 2 Stylishly designed bedroom featuring contemporary finishes, plush carpeting, and an abundance of natural light from the elegant feature window.
A spacious and versatile room offering both comfort and practicality.
Bathroom Contemporary family bathroom fitted with a modern three-piece suite including bath with overhead shower, low-level WC, and wash facilities.
Finished in neutral tones with stylish décor throughout, creating a clean and relaxing space ideal for everyday use.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
.png)
FAQ
About Flat 14, 2 Back Lane, Heckmondwike
Explore nearby