Summary - OLD SOULS MILL APARTMENT 31 WOOD STREET BINGLEY BD16 2AN
2 bed 1 bath Flat
Secure parking, strong transport links and good rental potential.
Two double bedrooms, each with an ensuite bathroom
This two-bedroom duplex apartment in Crossflatts, Bingley offers clear investor appeal: modern construction, two en-suite bedrooms and an allocated secure basement parking space. The open-plan living/kitchen with Juliet balcony supplies natural light and easy lettability for couples or sharers. Its location close to Crossflatts station, the Leeds–Liverpool Canal and local amenities supports steady rental demand and good transport links to Leeds, Bradford and Skipton.
Financially the block shows a quoted approximate net yield around 8.2% and the quoted regular outgoings are transparent: a quarterly service charge of £362.17 (three parts) and annual ground rent £234.90. The property is leasehold in form (ground rent and service charge apply) though the exact lease length/tenure details should be confirmed before purchase.
Buyers should note a few material points: heating is by electric room heaters rather than gas central heating, which can influence tenant running costs and appeal. Crime is described as above average for the area, and the property requires standard investor checks on lease, management and insurance arrangements. Overall, this is a straightforward buy-to-let opportunity in a well-connected suburb with sensible service costs and strong rental potential, provided you review lease and energy-running implications first.
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