Studio flat · BD9 5BQ
Listing removedListed 104 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Squarefoot Apartments are delighted to bring to the market this fantastic studio apartment in Lister Mills.Once a symbol of Bradford`s great industrial past and now one of the most popular, influential re developments in Bradford.
As you make your way into the living space the apartment provides a distinctive mood with its high ceilings, large sashed windows, exposed brick walls and plentiful space.
This specific studio apartment is located on the 1st floor of Velvet Mill and briefly consists of an open plan lounge and kitchen area, good sized bedroom space and a bathroom with a standing shower cubicle.
Making your way towards the kitchen area you have top of the range fitted appliances such as electric hob/oven, fridge/freezer and well-crafted kitchen units complimented with silver splashback and white walls.
The flooring throughout the apartment is finished with hard wearing engineered wooden floor boards, giving you that contemporary and chic finish as well as making it easy to clean and maintain.
The apartment is fully furnished with a double bed, wardrobe space and living area furniture.
Velvet Mill and Silk Warehouse accommodation is ideal for anyone travelling to either Leeds or Bradford City Centre.
There is also a nearby train station at Frizinghall, which offers a regular rail link to distant locations.
This studio apartment is located with easy access to Bradford`s Business School, Bradford Grammar School, and Bradford Royal Infirmary and many local entertainment and leisure facilities that would appeal to couples, professionals and students.
For those commuting, note that Bradford Interchange is approximately twenty minutes` walking distance. Counciol 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 121, Velvet Mill, Lilycroft Road
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