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See how verdicts work2-bedroom flat · BD17 7AQ
For saleReduced £10k (−8.3%) on 12 OctListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two bedroom first floor apartment located in this sought after position within reasonable walking distance of both Shipley and Saltaire centres, with excellent amenities, pubs, bars, dining and leisure options, shopping facilities and train links providing regular and direct access to Leeds & Bradford.
The Leeds Liverpool Canal and River Aire are also close by.
Situated on the first floor, the property offers spacious and well laid out easy maintainable accommodation briefly comprising an entrance vestibule, inner hallway with spacious storage / airing / utility cupboard, living room, dining area with breakfast bar, newly fitted kitchen with quartz work surfaces and integral appliances, two double bedrooms, the master bedroom having the benefit of an upgraded en suite shower room and further stylish, upgraded modern fitted main bathroom with three piece white suite.
The apartment is fitted with uPVC double glazing and and has an energy efficiency rating of band C/82, there is also a mobile phone linked secure intercom entry system and heating is by the way of electric storage heaters.
Externally there is on site resident parking to the courtyard area. Agents note: We are informed by our clients that the property enjoys the remainder of a 125 year lease that commenced in 2006.
The service charges for period 1st January to 31st December 2026 are £2446.37. The annual Ground Rent is £316.81.
The current annual Buildings & Terrorism Insurance contribution is £312.94 Feb 2026 to Feb 2027.
We are aware that the ground rent is reviewed every 5 years and is linked to the Retail Price Index .
It is essential any buyer utilising mortgage finance for the purchase thoroughly checks that their lender is happy with this arrangement.
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
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FAQ
About Dock Mill, Dock Lane, Shipley
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