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See how verdicts work2-bedroom flat · BD11 2DP
Listing removedListed 341 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* * Please see affordable housing qualifying criteria in main description * * * * ground floor apartment * * two bedrooms * * modern kitchen & bathrooms * * * * well presented throughout * * communal gardens * * allocated parking * * attention!
Forming part of the Qualifying Person criteria, Terms and Conditions apply.
This modern and well presented two double bedroom ground floor apartment is offered at 55% of market value and is aimed at *specific buyers to help them on to the property ladder.
Ideally located on the popular Heathfield Development in Birkenshaw and within easy reach of amenities, shops and excellent motorway links.
The accommodation briefly comprises entrance hallway, open plan lounge kitchen, two double bedrooms (master with en-suite) and a bathroom.
To the outside there are communal gardens and dedicated parking space.
Affordable Housing Qualifying Criteria •Must be a First Time Buyer that will occupy as their sole / main residence •Have a gross household income of less than £80,000 •Must be between the ages of 23 and 40, or •Be over 40 and acquiring the property jointly with a First Time Buyer who is between the ages of 23-40 •Be a current or former member of Her Majesty’s Armed Forces who was injured in service or was the partner of a member of the Armed Forces who died in service Hall Three useful storage cupboards, plumbing for auto washer and radiator.
Open Plan Lounge / Kitchen (3.40m'' x 6.63m'' (11'2'' x 21'9'')) Modern fitted kitchen having a range of wall and base units incorporating stainless steel sink unit, oven & hob with extractor.
Lounge Area Radiator and door leading to rear. Bedroom One (3.48m'' x 3.23m'' (11'5'' x 10'7'')) Radiator.
En Suite Modern three piece suite comprising shower cubicle, low flush wc, pedestal wash basin, radiator and extractor fan. Bedroom Two (3.45m'' x 3.25m'' (11'4'' x 10'8'')) Radiator.
Bathroom Modern three peice suite comprising panel bath, low flush wc, pedestal wash basin, radiator and extractor fan. Exterior Communal gardens and allocated parking. Tenure Leasehold.
Lease 999 years from build. Ground Rent & Service Charge £650 every 6 months. Council Tax 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
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FAQ
About 8, Heathfield Lane, Bradford
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