1-bedroom flat · BD16 1HR
For saleListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Online Auction - 28th of October at 10:00.
One Bedroom Retirement Apartment Description One bedroom retirement apartment on the lower ground floor at Aire Valley Court, a McCarthy & Stone Assisted Living development offering independence in a secure setting.
The apartment comprises an assisted bathroom, boiler room, one spacious bedroom with built-in wardrobes, a spacious lounge with a Juliette balcony overlooking the grounds, and a fully equipped kitchen.
The building is arranged over four floors with lift access, and 24-hour cover from an Estate Manager team.
Includes one hour's weekly domestic help (cleaning, laundry, bed change) within the service charge.
On-site facilities include a subsidised restaurant (lunch), hobbies room, library, guest suite, gardens/patio, resident parking and battery car store. Emergency pull cords throughout.
Purchasers must be 60+, or meet a combined age requirement at the landlord's discretion.
The apartment sits in Bingley, a popular market town nestled in the Aire Valley alongside the LeedsLiverpool Canal and famous Five Rise Locks.
The town offers a good range of shops, cafes and amenities within easy walking distance, along with excellent transport links via Bingley railway station, connecting easily to Leeds, Bradford and beyond.
Surrounded by attractive countryside yet close to local conveniences, it's an ideal setting for those seeking a peaceful, well-connected retirement location.
Tenure Leasehold 125 years from 2002 Ground Rent £822.62 PA Service Charge £2,361.31 PQ Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction.
To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk. Auction Information.
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged.
The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.
The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).The seller of this property may consider a pre-auction offer prior to the auction date.
All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit.
To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.
To find out more information or to make a pre-auction offer please contact us.
Special Conditions Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion.
The legal pack is available to download free of charge under the LEGAL DOCUMENTS'.
Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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 advisors 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

FAQ
About Apartment 23 Aire Valley Court, Beech Street, Bingley, West Yorkshire, BD16 1HR
Explore nearby