Summary -
3, Mornington Road,BINGLEY,BD16 4JS
BD16 4JS
4 bed 2 bath Flat
Steady rental income with uplift potential for hands-on investors.
- Two two-bedroom flats within a Victorian stone terrace
- Long-term tenants currently in situ, producing gross £17,724 pa
- Estimated market rent could raise income to £23,136 pa
- Modern kitchens and bathrooms in both flats
- Off-street parking available for tenants
- Leasehold tenure; buyer must confirm lease specifics
- Cash offer only and buyer's premium applies on sale
- Area flagged as deprived with average crime rates
A two-unit portfolio arranged as two two-bedroom flats in a Victorian stone terrace on Mornington Road, offered as a cash-only investment. Both flats have modern kitchens and bathrooms, off-street parking, and long-term tenants in situ producing an existing gross income of £17,724. The vendor suggests achievable rent at market levels could increase annual income to £23,136, improving yield for a hands-on investor.
This is a leasehold property in an urban, family-focused neighbourhood of Bingley with fast broadband and excellent mobile signal. The area is described as deprived with average crime levels — factors investors should weigh when setting rents and maintenance budgets. There is no flood risk recorded.
Practical matters: sale subject to a buyer's premium to secure purchase and the lot is cash-only. The portfolio suits a serious investor or developer looking to add steady rental income with scope to re-let at market rates, but require reviewing the Let Property Pack and tenancy details before commitment.
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