Summary - 5 Byron Studios, Byron Street BD3 0AU
2 bed 2 bath Flat
Large character apartment with income and renovation upside for investors.
Approx. 1,012 sqft two-bed, two-bath split-level apartment
Sold via online auction — bidding 27–28 Oct, register to bid
Tenanted — current rent £685 pcm (tenant in situ)
Leasehold with £3,600 administration fee on exchange
Electric room heaters; no central heating or communal heating
Stone walls likely uninsulated — energy improvements advisable
Slow broadband despite excellent mobile signal
Area: very deprived with higher local crime rates
This two-bedroom apartment in a converted industrial building offers generous space (approx. 1,012 sq ft) and character features such as high ceilings, exposed brick and large windows. The layout across two storeys includes an open-plan living area, kitchen, ground-floor WC, two bedrooms upstairs, one ensuite and a separate bathroom — a practical setup for rental or flexible use.
The property is offered at online auction with bidding opening 27 Oct and closing 28 Oct; it is sold leasehold and comes with a sitting tenant paying £685 pcm, which may suit hands-off investors. Note an administration fee of £3,600 (inc VAT) payable on exchange and any further disbursements detailed in the legal pack — bidders should review these documents before committing.
Practical considerations: heating is by electric room heaters, walls appear to be uninsulated sandstone/limestone, and broadband speeds are reported slow. The area is classed as very deprived with higher local crime levels; however the location benefits from excellent mobile signal, nearby transport links, local amenities and several well-regarded schools.
This lot will suit an investor seeking immediate rental income and long-term upside from a sizeable, characterful apartment that may benefit from energy and connectivity upgrades. Buyers needing a primary residence should note the leasehold status, tenant in place and auction sale process.
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