Summary - SILK WAREHOUSE APARTMENT 425 LILYCROFT ROAD BRADFORD BD9 5BE
2 bed 1 bath Flat
Affordable two-bedroom investment in a converted Victorian mill with parking.
Investment sale with tenants in situ until March 2026
A compact two-bedroom apartment in the Silk Warehouse — a landmark Grade II listed mill conversion — sold as an investment with tenants in situ until March 2026. The apartment occupies the fourth floor and retains industrial character with exposed brick, large double-glazed windows and high barrelled ceilings, while offering a modern fitted kitchen and built-in wardrobes.
This is an investor-focused chance: the sale includes a designated off-street parking space and lift access to all floors, with a long lease of about 126 years remaining. Service charges and ground rent apply (around £2,150 and £337 per year respectively), and heating is by electric room heaters, so running costs are likely higher than gas-heated properties.
Important practical points are clear: the building’s Grade II listing may restrict alterations and could complicate refurbishment or consent for works. The property sits in a very deprived area with higher-than-average crime rates, which will affect tenant demand and long-term capital growth. Council Tax band B and an EPC rating of C are positive standouts for running costs and energy performance given the building age.
Sold for investment only with sitting tenants, this apartment will suit buy-to-let investors seeking an affordable entry into Bradford’s city-centre mill conversions. Buyers should factor in service charges, listed-building restrictions and the area profile when assessing cash flow and refurbishment plans.
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