House · BD1 4AB
To rentListed 512 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hunters Bradford are pleased to present this commercial property available To Let, nestled in the heart of Bradford, a sought-after location.
This property requires modernisation, providing an excellent opportunity for those seeking a project with the potential to create a unique and personalised space.
One of the property's standout features is its versatility that it could serve excellently as a health spa, salon or gym offering a wonderful opportunity for entrepreneurs in these sectors.
However, with the right vision, this space could be transformed to suit a variety of different business types.
With local amenities nearby, your business will be ideally placed for convenience and foot traffic, Conveniently located near to Bradford Forster Square Station and Forster Square Retail Park.
The area is well-regarded and highly sought after, adding further appeal for potential clients or customers.
Please note that this property is indeed a project, needing modernisation, but it certainly has potential.
This is a unique opportunity to shape a commercial space to fit your business's specific needs and style.
The property's potential, coupled with its excellent location, makes it a promising prospect for any business owner with a vision.
For further details or to arrange a viewing, don't hesitate to get in touch with us.
Business rates may apply, please enquire with Bradford Council Business Rates Team This commercial property, located in a sought-after area, offers an excellent opportunity for entrepreneurs to modernize and customize a versatile space, ideal for a health spa, salon or gym.
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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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 16-18, Mill Street, Bradford
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