Summary - Apartment 302 Silk Warehouse, Lilycroft Road, BRADFORD BD9 5BD
1 bed 1 bath Flat
Immediate rental income with allocated parking and characterful industrial features.
Tenanted one-bedroom flat generating £600 pcm rental income
Cash buyers only recommended due to sale terms
Allocated underground parking space included
Grade II* listed building — restrictions on alterations apply
128 years remaining on the lease, ground rent £202 pa
Service charge approximately £2,208.96 per year including water
Electric storage heating and electric main fuel — higher running costs possible
Area classified very deprived with high local crime rates
This third-floor one-bedroom in Lister Mills sits within the Silk Warehouse conversion and is offered with an income stream. The flat is currently tenanted at £600 pcm, making it a straightforward purchase for a cash investor seeking immediate rental returns. The unit includes an allocated underground parking space and industrial character features such as exposed brickwork and large metal-framed windows.
The building is Grade II* listed and was built in 1838, giving strong period appeal but also meaning listed-status constraints on alterations and potential complications with maintenance or permissions. The flat uses electric storage heaters and mains electricity as the primary fuel. Service charges are £2,208.96 per year and ground rent is £202 per year, next review due 2026; the lease has 128 years remaining.
Buyers should note the area is classified as very deprived with high local crime levels and limited external amenity space. The apartment is compact with small room sizes typical of a city-centre warehouse conversion and has no garden. This purchase suits a cash buyer or investor comfortable with the listed building context and the service charge and management arrangements.
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