1-bedroom flat · BD1 5LR
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
To be sold WITH TENANT IN-SITU……… Currently let at £506 PCM… Yield of 6.7% ..
Over 100 years remaining on lease……one bedroom first floor apartment forming part of this former office block, converted in 2018 to form around 50 modern apartments with associated parking.
Within walking distance of the City Centre and handy for the ring road which offers great connectivity to all areas of the City and beyond. Contact Robert Watts to arrange YOUR viewing today.
Communal entrance lobby Secure intercom entry, doors lead to stairs and lifts Entrance Hall Open plan living room / kitchen 5.5m x 3.53m (18' 1" x 11' 7") Kitchen area Selection of wall and base units, work tops, sink unit, built in oven, hob and extractor, integrated fridge freezer Bedroom 1 3.56m x 2.95m (11' 8" x 9' 8") Bathroom Three piece suite, over bath shower and screen Floor plan The floor plan provided is from the developers archive and is an indicative layout only.
Please Note Please note if you proceed with an offer on this property, we are obliged to undertake mandatory Anti Money Laundering checks on behalf of HMRC.
All estate agents have to do this by law and we outsource this process to our compliance partners Credas who charge a fee for this service.
Tenure Leasehold Leasehold information Our research shows a 125 year lease was granted on 1/1/2018, our client advises current service charge is £725 per annum and current ground rent is £325 per annum.
This information should be verified by your Solicitor. Council Tax Bradford - Band A
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 New Augustus Street, Bradford, West Yorkshire, BD1
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