Summary - SILK WAREHOUSE APARTMENT 328 LILYCROFT ROAD BRADFORD BD9 5BD
2 bed 1 bath Flat
Ready-made lettable investment with tenant until October 2025.
Two bedrooms, open-plan living with industrial high ceilings
A two-bedroom apartment within the historic Silk Warehouse at Lister Mills, offered as a ready-made investment with tenant in situ and furniture included. The open-plan living area has high industrial ceilings, exposed brick and large windows that create strong rental appeal to young professionals and students seeking character city living. Current rent is £700 pcm; the tenancy ends 31 October 2025.
Practical ownership facts suit investors: 130 years remain on the lease, water is included in the service charge, and the building was converted in 2006 to create modern apartments within the listed mill complex. Cash buyers only — sale is marketed on that basis. Service charge and ground rent are significant costs to factor into yield calculations: service charge c. £2,650.64 pa and ground rent £337 pa (next revision due 2026).
Important constraints are clear and factual. The building is Grade II* listed, which can restrict changes and complicate refurbishment work. The area records high crime and very high deprivation, which may affect tenant demand or resale. Heating is via electric storage heaters and the property sits in a compact 593 sq ft footprint, so evaluate running costs alongside income projections.
Overall this is an income-ready, characterful city-centre apartment for a buyer who understands listed-building ownership and the local market dynamics. Early viewing advised for cash purchasers assessing near-term rental continuity and long-term value in this distinctive development.
1 bedroom flat for sale in Lister Mills, Lilycroft Road, Bradford, BD9 — £45,000 • 1 bed • 1 bath • 528 ft²
2 bedroom flat for sale in Lilycroft Road, Bradford, BD9 — £60,000 • 2 bed • 1 bath • 682 ft²
1 bedroom apartment for sale in Silk Warehouse, ., Bradford, West Yorkshire, BD9 5BD, BD9 — £37,500 • 1 bed • 1 bath • 545 ft²
2 bedroom flat for sale in City Mills Mill Street, Bradford, BD1 — £53,500 • 2 bed • 2 bath • 517 ft²
1 bedroom apartment for sale in Broad Street, Bradford, West Yorkshire, BD1 — £55,000 • 1 bed • 1 bath • 486 ft²
1 bedroom apartment for sale in Broadgate House, 2 Broad Street, Bradford, West Yorkshire, BD1 — £60,000 • 1 bed • 2 bath • 776 ft²
