Summary - Flat 22 Dock Mill, Dock Lane, SHIPLEY BD17 7AQ
2 bed 2 bath Apartment
Income-ready flat with parking and river views, sold via auction process.
- Two double bedrooms; master with ensuite
- Allocated off-street parking and secure fob entry
- River views from spacious lounge-diner
- Currently let at £795 PCM (income-producing)
- Leasehold: 104 years remaining; leasehold sale at auction
- Service charge £1,600 pa; buildings insurance £300 pa; ground rent £230 pa
- Medium flood risk and very high local crime levels
- Sale by Modern Method of Auction; 4.5% non-refundable reservation fee
A two-bedroom first-floor apartment in Dock Mill, offered to the market by modern auction. The property sits above the canal with pleasant river views from the lounge, has secure fob entry, allocated off-street parking and currently produces rental income of £795 PCM. The apartment includes a master bedroom with ensuite, a second double bedroom and a fitted kitchen.
This is a straightforward purchase for investors seeking an income-producing asset or buyers comfortable with leasehold ownership and the auction timetable. The flat is electrically heated with storage heaters and double glazing; the build is modern (circa 2003–2006) and generally well maintained externally. Service charge is £1,600 pa, buildings insurance £300 pa and ground rent £230 pa. The lease has approximately 104 years remaining.
Important buyer cautions are stated plainly: the sale proceeds via the Modern Method of Auction requiring completion within 56 days and payment of a non-refundable Reservation Fee of 4.5% of the purchase price (minimum £6,600). The local area records very high crime levels and very high deprivation, and the property sits in a medium flood-risk zone — factors to weigh for tenants or owner-occupiers. Broadband is average; mobile signal is excellent.
For an investor this offers immediate lettable income and allocated parking in a riverside modern development. For owner-occupiers, the location and river outlook are appealing but the area profile and service/leasehold costs should be considered alongside the auction conditions before bidding.
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