Modern Method of Auction
Auction date not yet published
1-bedroom house · BD11 1DR
For saleListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a detached one bedroom red brick property requiring full renovation, occupying a substantial plot with excellent potential.
The property benefits from a large outhouse to the side and offers scope for extension, conversion or further development, subject to the necessary planning consents.
An ideal project for builders, developers or investors looking to create a bespoke home and add significant value Detached One Bedroom Property with Substantial Plot and Development Potential An exciting opportunity to acquire a detached one bedroom red brick property, occupying a substantial plot and offering significant potential for renovation, extension and further development, subject to the necessary planning consents.
The existing property is in need of complete renovation and modernisation, making it an ideal project for a builder, developer or purchaser looking to create a bespoke home.
The accommodation currently provides one bedroom together with the existing living accommodation, kitchen and bathroom.
Externally, the property benefits from a generous plot with considerable scope to reconfigure and enhance the existing accommodation.
A particularly useful feature is the large detached outhouse positioned to the side, which offers excellent versatility and could potentially provide additional accommodation, workspace, storage or form part of a wider redevelopment scheme, subject to the relevant permissions.
The substantial plot and detached position provide a rare opportunity to explore a variety of possibilities, including extending the existing dwelling, creating a larger family home or potentially pursuing further development, subject to planning.
Properties offering this combination of a detached dwelling, generous plot and redevelopment potential are rarely available and early viewing is strongly recommended for those seeking a project with genuine scope to add value.
Please note: Any extension, conversion or further development is subject to obtaining the necessary planning permissions and consents.
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 winning bidder will pay £349.00 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 taken. Payment varies but will be no more than £450.00.
These services are optional.
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
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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 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
FAQ
About 78, Wakefield Road, Bradford
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