BD9 5BQ - 1 bed industrial mill apartment in Lilycroft Road, BD9 5BQ

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1 bedroom apartment for sale in Lilycroft Road, Bradford, BD9

Summary - Apartment 216 The Velvet Mill,Lilycroft Road,BRADFORD,BD9 5BQ BD9 5BQ

1 bed 1 bath Apartment

Affordable character-filled flat with parking and strong rental potential.
1 bedroom, 525 sq ft second-floor apartment
Offered at £40,000, this 1-bedroom apartment in the Velvet Mill blends industrial character with practical city living. Set on the 2nd floor, the 525 sq ft home features high ceilings, large windows and exposed brickwork that flood the open-plan living and kitchen with light. An allocated parking space and on-site post box add everyday convenience.

This property suits first-time buyers looking for an affordable entry into Bradford’s housing market and landlords seeking a compact let with strong yield potential. The flat is sold leasehold with c.128 years remaining and includes a utility/storage room and a well-appointed bathroom. Major transport links and several well-regarded primary and secondary schools are close by.

Important points to note: the building carries an annual service charge of about £1,600 and a ground rent of £194. The sale uses a Reservation Fee process requiring an upfront non-refundable reservation payment and additional buyer administration fees — these are payable on top of the purchase price. The local area is classified as very deprived with higher-than-average crime levels, which may affect long-term resale and tenancy considerations.

The apartment offers a ready-to-live-in, characterful canvas: comfortable now with scope for personalisation. Buyers should review the legal pack and factor in service charges, ground rent and buyer fees when assessing affordability. Early viewing is recommended to judge the size, light and communal facilities in person.

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