2-bedroom flat · BD16 4BG
Listing removedReduced £25k (−22.7%) on 20 JunListed 311 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to purchase a very well appointed second floor loft style apartment within this award winning conversion of a Grade II listed former spinning mill conveniently situated for the amenities and transport links in Bingley town centre and being offered for sale with no-onward chain.
Situated within this impressive mill conversion is this very well presented two bedroom apartment which boasts fantastic views, stylish decor and fittings along with a spacious internal living space.
The complex enjoys a central Bingley location which is within close proximity to a variety of first-class amenities and commuter links.
Making an excellent purchase for a wide variety of buyers, an early viewing is strongly recommended.
The accommodation briefly comprises communal entrance leading to an inner stairwell and lift to the second floor.
Entrance hallway leading to a spacious open plan lounge and dining area and attractive fitted kitchen. There are two good-sized bedrooms along with a modern house bathroom.
Externally the property boasts attractive roof top paved communal grounds along with designated parking and visitor parking.
The Locks is situated approximately 1/4 mile from Bingley town centre which offers a range of shops and amenities and excellent road and rail links to other West Yorkshire and North Yorkshire business centres.
Local Authority & Council Tax Band • The City of Bradford Metropolitan District Council, • Council Tax Band C Tenure, Services & Parking • Leasehold • Mains- Gas/ Electric/ water/ Drainage • Residents & Visitor Parking Internet & Mobile Coverage For information on Internet and Mobile coverage access the Ofcom website from this link Flooding For information on flood risks please use this link Check for flooding in England - Agent’s Notes We have been advised of the following lease details.
1. 125 year lease from 2000 2. Approx annual service charge of £3,000 3. Approx annual ground rent of £75 4. Buildings insurance is included within the service charge 5.
Pets subject to management approval We have been informed by the sellers that one of the lounge windows has been sealed shut From Dacre Son & Hartley's Bingley office proceed up Park Road in the direction of Eldwick after approximately 1/4 mile turn left into Wilson Road.
After a short distance take a left into The Locks and continue straight ahead where the underground parking facility can be found on the right hand side with visitor parking around to the left of the building.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 37, The Locks, West Yorkshire
Explore nearby