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See how verdicts work1-bedroom flat
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This apartment would be ideal for investors and first time buyers.
We are thrilled to offer for sale this beautiful apartment in an iconic development which has been loved by its current owner Ideally positioned within walking distance of Bradford city centre, Bradford Royal Infirmary and within easy reach of the M62 motorway network.
Velvet Mills is a popular development which has been impeccably restored whilst retaining many of its original features including exposed brickwork and vaulted ceilings.
The apartment offered for sale consists of a spacious open plan living area with several large windows providing plenty of natural light, a high-specification kitchen, a spacious double bedroom and bathroom with a three-piece suite and shower over bath.
The current owner is offering the apartment part furnished ideal for someone who is a first time buyer, they have recently added a new oven, electric heaters which work from a mobile telephone, if you wish, new fridge a new hob and a new washer dryer As you enter the apartment you have the bathroom to your left and enter the open plan living area which is filled with light from the numerous large windows covering two sides of the living room walls The kitchen with integrated appliances is neat and bright overlooking open plan living room, this warm and inviting environment perfect for a contemporary lifestyle.
The bedroom with large windows that flood the room with morning light and frame picturesque views of the surroundings.
By day, the space feels bright and uplifting; by night room shifts effortlessly into a serene environment.
The development is well-placed for those who need to commute, it is on the main bus route, not far from the train station and as the added benefit of having an underground car parking space on site.
Please contact us to arrange a viewing Parking ground rent Approx. £850.00
Value & comps
No previous sales on record.
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 asking
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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.
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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
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FAQ
About Lilycroft Road, Bradford
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