Summary - Apartment 323 The Gatehaus, Leeds Road BD1 5BL
2 bed 1 bath Flat
Investment lot with immediate rental income and a very long lease.
Fifth-floor two-bedroom flat, 593 sq ft
Offered at auction with a low guide price, this fifth-floor two-bedroom flat is presented as an investment opportunity in central Bradford. The property is sold with an existing assured shorthold tenancy paying £650 pcm (£7,800 pa), providing immediate rental income and no requirement for owner-occupation. The 593 sq ft apartment sits in a modern purpose-built block and benefits from a long lease (approximately 982 years remaining) and an EPC rating of C.
Practical factors for buyers: heating is electric with room heaters (no central gas), glazing is double but installation date is unknown, and there are no internal viewings. The flat is in a very high crime area and a very deprived neighbourhood, which will affect tenant demand and resale prospects. The building is contemporary and city-centre positioned close to transport links and local amenities, including schools and Centenary Square.
This lot suits a hands-off investor seeking a low-entry price with immediate yield, or a buyer willing to manage tenancy and potential maintenance. Budget for potential upgrades (heating, decor, possible appliance replacement) and factor in the local market conditions and limited inspection access before purchase.
2 bedroom flat for sale in The Gatehaus, Leeds Road, Bradford, BD1 — £35,000 • 2 bed • 2 bath • 593 ft²
2 bedroom flat for sale in Flat, Thornton Road, Bradford, BD1 — £40,000 • 2 bed • 2 bath • 764 ft²
2 bedroom flat for sale in 13 Acton House, Scoresby Street, BD1 — £30,000 • 2 bed • 1 bath • 618 ft²
Studio flat for sale in Unit E20A Scholars Village, 135 Great Horton Road, Bradford, West Yorkshire, BD7 1QG, BD7 — £2,000 • 1 bed • 1 bath
Studio flat for sale in Unit E19F Scholars Village, Great Horton Road, Bradford, West Yorkshire, BD7 1QG, BD7 — £2,000 • 1 bed • 1 bath
2 bedroom apartment for sale in 108 Thornton Road, Bradford, West Yorkshire, BD1 2DX, BD1 — £40,000 • 2 bed • 1 bath
