2-bedroom flat · BD18 4EH
For saleListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This exceptionally well presented and appointed modern two bedroom, two bathroom second floor apartment is situated in this pleasant development within the highly sought after residential district of Nab Wood.
The apartment is well placed for an excellent range of amenities in nearby Saltaire and Shipley including an array of shops, cafes, restaurant's and bars as well as transport links including bus routes and Saltaire railway station.
The stylish, well laid out accommodation offers an electric heating system, security intercom, alarm system and uPVC double glazing and in brief comprises: Useful entrance Lobby, larger hallway with sizeable airing / storage cupboard, spacious open plan living area with impressive fitted kitchen area having comprehensive range of integrated appliances including counter height oven, four ring hob, fridge unit, freezer unit, dishwasher and washing machine together with a breakfast bar the kitchen is open plan to the living space which features a Juliette Balcony with inward opening French Doors.
There are two bedrooms, the master bedroom benefitting from a fitted wardrobe and also a stylish en suite shower room which features a three piece suite comprising a spacious shower enclosure with glazed folding door, vanity hand basin and matching low suite w.c.
The property also offers a further main bathroom with three piece suite comprising panelled bath, vanity hand basin and matching low suite w.c.
Naismith house provides a leafy setting within well kept and established communal gardens. In addition there is an allocated parking space within the car park plus further visitors parking areas.
We would urge an early enquiry and viewing appointment from proceedable buyers to avoid disappointment.
Please note - the property enjoys the remainder of a 125 year lease that originally commenced in 2006. The annual ground rent is £229.11. The annual service charge amounts to £2257.20.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 Naismith House, Nab Lane, Shipley
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