Summary - Apartment 84, Card House, Bingley Lane, Bradford, BD9 6SD BD9 6FG
1 bed 1 bath Apartment
Hands-off investor opportunity with guaranteed income and early buy-back uplift.
- Turn-key, fully furnished studio/one-bed, 388 sq ft
- Let to CBS-registered housing association on guaranteed rent
- Generates £18,200 gross pa; 10% net return guaranteed for 25 years
- Buy-back option at year three with 30% uplift
- 116 years unexpired on 125-year lease from 2017
- Listed building status — restrictions likely, may complicate works
- Sale by auction, cash-only, public notice/repossession applies
- Off-street parking, high ceilings, large windows, fast broadband
A compact, income-producing apartment in a converted listed mill, offered for sale by public auction. The 388 sq ft second-floor studio/one-bed is fully furnished and let to a CBS-registered housing association on a guaranteed rent agreement, delivering £18,200 gross per year and a stated 10% net return for 25 years. Rental income is paid from completion, making this a turn-key, hands-off investment with a buy-back option at year three offering a 30% uplift.
Practical strengths include 116 years remaining on the lease, off-street parking, no flood risk and fast broadband with excellent mobile signal. The building has high ceilings and large windows that deliver good natural light. The location has local amenities and several “Good” Ofsted-rated schools within reach, though the wider area is classified as deprived.
Material cautions: sale is by auction and cash-only, with a public notice/repossession flag; buyers must inspect the legal pack. The building’s listed status may restrict alterations and could complicate management or future sales. The property is small and marketed as a studio/one-bed — suitability for owner-occupation is limited compared with its investment proposition.
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