Summary - EQUITY CHAMBERS, 40 FLAT 31 PICCADILLY BRADFORD BD1 3NN
1 bed 1 bath Flat
Large central one-bedroom ideal for investors or a budget city base.
Large one-bedroom flat — approx. 695 sq ft open-plan layout
Leasehold with 108 years remaining — secure long-term tenure
Service charge c. £2,124 pa — factor into running costs
Located in a multicultural student area with excellent broadband/mobile
Very high local crime rate — security and insurance considerations
Deprived wider area — affects resale and tenant demand stability
Dated decor and wear — needs cosmetic modernisation to add value
On-street parking only; no allocated parking space
This one-bedroom flat in Equity Chambers offers a surprisingly large open-plan layout (approx. 695 sq ft) in central Bradford, priced at £65,000. The accommodation includes a combined kitchen-diner with oven/hob and a practical reception area — a straightforward, functional home or rental unit in a busy inner-city location. The lease has 108 years remaining, providing long-term security for buyers.
The flat will appeal to investors and first-time purchasers seeking rental income or a budget city base. Broadband and mobile signal are excellent, and the property sits within a multicultural, student-heavy neighbourhood close to extensive local amenities and public transport, making it straightforward to let. Council tax is very cheap, helping running costs for an owner-occupier or tenant.
Buyers should be aware of several material considerations. The wider area is classified as deprived with very high crime levels; purchasers should factor this into security and insurance costs. The interior shows signs of wear and dated decoration in places and would benefit from modernization to maximise value or rental return. Service charges average £2,124 per year and parking is on-street only.
For investors, the flat’s size, central location and low purchase price create clear potential after modest refurbishment. For a buyer wanting a city base, this is a roomy, well-connected home where upgrading the finishes would greatly improve comfort and resale or rental appeal.
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