We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · WF16 0PW
Listing removedReduced £10k (−11.8%) on 21 JunListed 401 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Modern Method of Auction, Starting Bid Price £85,000 plus Reservation Fee.
Take A look at this luxury two bedroom penthouse apartment retaining many character features and charm with a modern touch.
Offered with no onward chain, the apartment comprises of an open plan 28ft living/dining area, 16ft fitted kitchen with integrated appliances, two double bedrooms, shower room and spiral staircase leading to an oberservatory boasting panoramic views.
Having secure underground off street parking, viewing is highly advised to fully appreciate the size and quality of this apartment. Service Charge - £4401 Approx.
Ground Rent - £265.46 999 Year Lease - from 15th November '22 This property is for sale by West Yorkshire Property Auction powered by iam-sold.
Council Tax Band - E EPC Rating - E Entrance Through timber door into: Open Plan Living Room With Dining Area (19' 2" x 28' 3" (5.85m x 8.6m)) This spacious room has two skylight windows, exposed brickwork and beams, multiple electric radiators, spotlights and laminate flooring.
Kitchen (16' 5" x 11' 3" (5.01m x 3.43m)) Having a range of fitted wall and base units with contrasting Granite work surfaces incorporating a stainless steel sink and drainer with upstand splashbacks, built in electric oven and hob with extractor above, built in washing machine, dishwasher and fridge freezer.
With exposed brickwork and beams, slate and laminate flooring, feature porthole window to the front, spotlights and skylight window.
Bedroom One (9' 0" x 17' 7" (2.74m x 5.35m)) Having a skylight window, electric radiator, exposed beams and laminate flooring.
Shower Room With three piece suite comprising of: Wash handbasin, low level WC and walk in shower. Having an extractor fan, towel radiator, spotlights, complementary tiled walls and tiled flooring.
Bedroom Two (11' 9" x 16' 3" (3.57m x 4.95m)) Having a feature porthole window to the front, electric radiator, laminate flooring, exposed brickwork and spiral staircase to: Observatory (10' 4" x 10' 4" (3.15m x 3.15m)) With windows to all sides, laminate flooring, electric radiator and spotlights.
Exterior There is a secure underground car park providing off street parking and further visitors and allocated residents car parking.
Auctioneers Comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is (truncated) Anti Money Laundering Checks We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
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 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 Apartment 29, Independent House, 125, High Street, Heckmondwike
Explore nearby