1-bedroom flat · BD5 0BL
Listing removedListed 204 days
Opportunity summary
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About
Melbourne House, Melbourne Place, Bd5 0Bl An outstanding turnkey buy-to-let opportunity in a well-established residential area of Bradford, offering immediate income and a strong net yield of approximately 9%.
Melbourne House, Melbourne Place is a well-maintained one-bedroom apartment situated within a low-rise, purpose-built development.
The property is being sold with a tenant in situ, ensuring instant cash flow and eliminating initial letting costs or void periods-ideal for both new and experienced investors seeking a hassle-free addition to their portfolio.
The apartment comprises a spacious living area, fitted kitchen, double bedroom, and bathroom, along with the added benefit of allocated parking-an increasingly important feature for tenant demand and retention.
Melbourne Place is positioned within BD5, a consistently popular rental location in Bradford.
The area benefits from strong tenant demand driven by its proximity to Bradford city centre, making it particularly attractive to working professionals.
Excellent transport links, including easy access to the M606 and wider motorway network, enhance connectivity to Leeds and the broader West Yorkshire region-key employment hubs that support ongoing rental demand.
Bradford continues to attract investor attention due to its relatively low entry prices combined with high rental yields compared to nearby cities such as Leeds and Manchester.
Ongoing regeneration across the city, including infrastructure improvements and investment initiatives, further strengthens its long-term growth prospects and potential for capital appreciation.
With a reliable tenant already in place, strong yield credentials, and a location underpinned by consistent rental demand and regional growth, this property represents a compelling, income-generating investment opportunity.
Financial Breakdown Gross Rent: £6,240.00 Net income: £3,680.00 Gross yield: 15.6% Net yield: 9.2% Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract.
Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08468
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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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 advisers 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
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FAQ
About Flat 7 Melbourne House, Melbourne Place, Bradford
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