1-bedroom flat · BD16 1HR
Sold STCListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain and vacant possession , this well-presented one-bedroom retirement apartment forms part of a highly regarded complex in the heart of Bingley , within comfortable walking distance of Myrtle Park and local amenities.
The property is well presented throughout and briefly comprises a spacious entrance hall with useful storage , leading through to a bright and inviting lounge centred around an electric fire .
A Juliet balcony provides a pleasant open outlook across the communal gardens . The lounge also gives access to a fully fitted kitchen , offering a range of wall and base units.
Returning to the entrance hall, access is provided to a generous double bedroom with built-in wardrobes , along with a well-appointed four-piece house bathroom incorporating a walk-in shower/wet room .
Located on the lower ground floor , the apartment benefits from lift access to all levels .
The development itself offers an excellent range of communal facilities including residents’ lounges , a restaurant dining facility , laundry room , and beautifully maintained gardens with seating areas .
A guest suite is also available for visiting family members at a modest charge of £25.00 per night. Externally, there is off-road parking available within the grounds.
The property is ideally positioned for easy access to central Bingley’s shops, amenities, and transport links.
Further benefits include an intruder alarm panel and emergency call system , providing additional peace of mind.
Tenure: Leasehold with approximately 101 years remaining Service Charge: £764.00 per calendar month (incentives available for prospective buyers) The property is fully serviced by electric night store heating, double glazing and mains connected utilities.
According to Ofcom, the property is served by both standard and superfast broadband, with speeds of up to 80Mbps download and 20Mbps upload available (subject to provider and subscription).
Agent Disclaimer: We have not tested the equipment, services, or installations at this property and recommend that prospective buyers arrange for a qualified professional to inspect any appliances before making a commitment.
VIEWINGS – Strictly By Appointment only through Macaulay & Co. We advise all potential viewers to read our Privacy Policy, available on our website or as a printed copy upon request.
Tel: Any floor plans are for guidance and illustrative purposes only. While we strive for accuracy, we cannot guarantee the precise layout, dimensions, or details shown.
Any measurements or boundaries should be verified through the title deeds. We accept no liability for any loss or damage arising from reliance on this information.
These details have been prepared using observations and information provided by the seller. A full structural survey has not been carried out. Thinking of SELLING or LETTING ? Macaulay & Co.
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Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Apartment 16, Aire Valley Court, Bingley, BD16 1HR
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