2-bedroom flat · BD1 4AR
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* * ex-council flat * * two bedrooms * * sixth floor * * balcony * * * open views * lift * parking * previously let @ £600 pcm * A fantastic opportunity for the first time buyer or investor, is this two bedroom ex-council flat.
Situated a 'stone's throw' from Bradford city centre. Benefits from upvc double glazing, lift access, balcony and parking. Communal Entrance Accessed via intercom.
Reception Hall Lounge (3.25m x 5.72m (10'8" x 18'9")) With two radiators and access to balcony.
Kitchen (3.20m x 2.44m (10'6" x 8')) With wall and base units incorporating stainless steel sink unit, electric cooker, plumbing for auto washer, part tiled walls and radiator.
Bedroom One (3.18m x 3.23m (10'5" x 10'7")) With radiator. Bedroom Two (3.91m x 3.20m (12'10" x 10'6")) With radiator. Bathroom Three piece white suite.
Directions From our office in Idle village take the left at the bottom of the High Street onto Idlecroft Road, at the end take the right onto Bradford Road, proceed straight ahead at the Morrisons roundabout and upon reaching the Five Lane Ends roundabout take the second exit onto Idle Road, proceed straight ahead at the Bolton Junction traffic lights to continue onto Idle Road, turn right onto Otley Rd/A658, at the roundabout take the third exit onto Barkerend Rd/A658, after 0.3 miles continue straight onto Barkerend Rd, turn right onto Stott Hill, turn right onto Jermyn St and Fairfax House will shortly be seen.
Tenure Leasehold. The vendor advises us that current costs for ground rent and service charge is approx. £2,500 (inc build ins, service charge, ground rent, maintenance, CH & Water.
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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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 Sixth Floor, 32, Fairfax House, Bradford
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