Studio flat · BD9 5BQ
Listing removedListed 51 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Velvet Mill is located within Bradford`s largest listed development, known as Lister Mills.
Originally built in 1838, the landmark of Lister Mills, dominates the Bradford skyline.The development has been lovingly restored to modern residential homes, providing many modern features, whilst also maintaining much of its original architecture.
These apartments are full of character with the exposed brick work, tall windows, private gated courtyard for residents and secure parking underground.
We are delighted to offer this unfurnished studio apartment, comprsing of an open plan living and kitchen, bedroom and seperate shower room.
Many original features included high vaulted ceilings, exposed brick work and large double glazed windows.
The Lister Mills development is designed for working professionals and mature students as Lister Mills is very conveniently located.
Lister Mills is situated conveniently for easy transport links, local amenities and the Bradford Royal Infirmary.
What makes Lister Mills a fantastic place to live in is its private courtyard, underground parking, and the fact it is located only five minutes away from the famous Lister Park.
All apartments have satellite TV connections and BT telephone points. ****Water rates included.**** For more details or to book a viewing, please contact Squarefoot Apartments. Council tax - band A
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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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 209, Velvet Mill, Lilycroft Road
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