High-yield buy-to-let with long lease and immediate rental income.
- Two bedrooms and two bathrooms in converted mill apartment
- Private driveway off-street parking included
- Current gross annual income £11,400 (tenant in situ)
- Very long lease remaining: 976 years (leasehold)
- Likely attractive yield for investors at current price
- Urban location with very high local crime levels
- Minimal private external amenity; limited garden space
- May require internal refurbishment to maximise rent/value
A purposefully presented investment flat within a converted stone mill on Bradford Road, offered with a long-term tenant in situ. The two-bedroom, two-bath layout and private driveway parking deliver immediate rental income and straightforward portfolio addition. The leasehold term is extensive (976 years), removing short-lease risk for the buyer.
This apartment currently produces a gross annual income of £11,400, making it a high-yielding opportunity for buy-to-let purchasers or developers seeking steady cashflow. The building’s industrial character — large windows, high ceilings and robust stone construction — adds tenant appeal and conversion resilience.
Buyers should note the setting: an urban location with very high local crime levels and a very deprived wider area. External amenity is minimal and the listing indicates the interior may need refurbishment to reach top market rents. A buyer’s premium applies to secure the sale.
This is aimed squarely at investors and developers who prioritise yield and long-lease security over immediate owner-occupier comfort. For a portfolio investor wanting instant income from a tenant who wishes to remain, this is a practical, low-management prospect.
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