Summary - 60 Parkwood Court, Parkwood Rise BD21 4RF
1 bed 1 bath Apartment
Upper-floor one-bed flat with sitting tenant, long lease and on-site parking — ideal for buy-to-let investors.
Sitting tenant in place paying £365 pcm
Offered at a low entry price, this upper-floor one-bedroom apartment in Keighley is presented as a straightforward buy-to-let opportunity. It is currently let to a sitting tenant paying £365 pcm, providing immediate rental income. The building includes communal green space, on-site parking and an internal lift, which help maintain tenant appeal.
The flat occupies approximately 485 sq ft and features an open-plan living/kitchen, double bedroom, bathroom and storage cupboard. Recent upgrades include double glazing installed post-2002; the building has system-built walls with external insulation. Heating is by electric room heaters and the EPC is rated D — important considerations for running costs and future compliance.
Important constraints are clear and should guide investor due diligence: the property sits in an area classified as very deprived with high local crime levels. Broadband speeds are average and primary reliance on electric heating may affect energy costs and tenant demand. The tenure is leasehold with around 241 years remaining; ground rent is £250 (small).
This property suits investors seeking a low-cost, income-producing asset with scope to hold or refurbish. The current tenancy and communal amenities reduce void risk, but buyers should factor in the location’s socio-economic challenges and potential costs to improve energy performance or heating before re-letting to higher-paying tenants.
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