Modern Method of Auction
Auction date not yet published
3-bedroom property · BD2 3AP
For saleReduced £20k (−9.1%) on 11 SepListed 594 days
Opportunity summary
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About
*by auction* *potential building plot* *garage with huge scope for development* *ideal for investors* *modern kitchen & wet room* *ample driveway parking* *recently installed boiler* *popular location* *three bedrooms* For sale by modern method of auction via Advanced Property Auction Starting bid: £220,000 Townend Estate Agents offer for sale this three bedroom end townhouse.
Presenting a fantastic opportunity for investors/developers who will note the potential building plot, or the scope to further develop the existing garage.
Having water, power and double skin walls, the garage is ready made for further development.
It could be turned into a bungalow for a dependant relative, or potentially built on top of the create an impressive seperate dwelling (subject to consents). The potential for investors is endless!
The property itself benefits from a modern kitchen & wetroom, a recently installed boiler, UPVC double glazing, ample driveway parking and a good sized garden.
The property comprises briefly: Entrance hall, Lounge, Kitchen-Diner. Upstairs are three bedrooms and the modern 'wet room'.
Externally is the impressive garage, with huge development potential, along with large gardens and ample driveway parking. Reservation fee of 3.5% + VAT (Subject to minimum of £5500 + VAT) applies.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 40, Peterborough Road, Bradford
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