2-bedroom flat · WF16 9EX
For saleReduced £15k (−20%) on 29 AugListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment opportunity - long term tenant in situ for sale a two bedroom second floor apartment located in the centre of Heckmondwike, offering immediate rental income from a reliable sitting tenant.
The property comprises a open plan lounge and kitchen with a Juliet balcony, integrated appliances, bathroom, intercom entry system, and secure undercroft parking.
The tenant is scheduled to undertake redecoration, enhancing the property’s presentation. Currently achieving an 8% yield, with potential to exceed 10%. Open to offers.
Council Tax: Band A EPC: Tbc Entrance Hall Intercom System, Storage Cupboard. Kitchen Open Plan Kitchen & Lounge Area.
Fitted with a range of base and eye level units with complimentary worktops and tiled splashbacks, 4 ring electric hob, built in oven, integrated fridge/freezer, washing machine, extractor hood.
Lounge (open plan with the kitchen). Juliet Balcony, Window. Wall Heater. Bedroom 1 Window, Wall Heater. Bedroom 2 Window, Wall Heater.
Bathroom Fitted with a three piece suite comprising of panelled bath with shower over, low level WC, Pedestal Wash Hand Basin, Part tiled Walls, Vinyl Flooring.
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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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 Flat 10, 2, Back Lane, West Yorkshire
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