Summary - BROADGATE HOUSE, 2 APARTMENT 2 BROAD STREET BRADFORD BD1 4QQ
2 bed 1 bath Apartment
Lower-ground two-bed investment in Grade II listed city centre with sitting tenant..
- Two bedrooms plus study in a converted Grade II listed building
- Sitting tenant in place paying £580 pcm (rental income)
- Lower-ground apartment; limited natural light potential
- Long lease: approximately 102 years remaining
- Electric room heating; no central heating system
- Very slow broadband reported; may affect tenants
- High local crime and area deprivation; location risk
- Listed status restricts alterations and may add costs
A lower-ground, two-bedroom apartment in a converted Grade II listed building, marketed via the Modern Method of Auction with a starting bid of £36,000. The property is currently let to a sitting tenant paying £580 pcm, making it a ready-made rental investment in Bradford city centre. The long lease (approximately 102 years remaining) and city-centre location are strong practical advantages for buy-to-let purchasers.
The accommodation is spacious for its overall small footprint (approx. 528 sq ft) and benefits from sealed-unit double glazing and electric heating. The layout includes an entrance hall, fitted kitchen with integral oven and hob, lounge, two bedrooms plus a study, and a bathroom. The building’s Victorian industrial character and high ceilings provide charm and potential appeal to tenants or future occupants.
Buyers should note material drawbacks: the apartment is lower-ground level, heat is provided by electric room heaters, broadband speeds are reported very slow, and the property sits in a high-crime, deprived inner-city area. As a Grade II listed structure, alterations and some modernisation works may face restrictions and additional cost. The unit will be sold leasehold at auction — purchasers must be prepared for auction process costs and the implications of a sitting tenant.
Overall, this is a straightforward investment opportunity for an investor comfortable with leased city-centre stock and the limitations that come with a listed, lower-ground apartment. If you require immediate vacant possession, investigate tenant arrangements before bidding; if you seek steady rental income and long-lease security, this offers an affordable entry into Bradford’s central market.
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