High-yield auction opportunity needing refurbishment and active management.
Open-plan reception and modern integrated kitchen
A compact one-bedroom flat in Bentley Court, offered via the Modern Method of Auction, aimed squarely at investors seeking strong rental returns. The open-plan reception and modern kitchen create a light, practical living space; the generous double bedroom suits a wide tenant profile. At about 548 sq ft, the apartment is an average-sized city flat with double glazing already installed.
The property requires renovation to reach its rental potential: the bathroom and some finishes need updating, and heating is by electric room heaters only. It is leasehold with a ground rent of £250 and will be sold subject to a 56-day Reservation Period and a non-refundable Reservation Fee (4.5% of the purchase price, minimum £6,600). These auction costs are material and should be factored into overall acquisition budgeting.
Location drives the investment case: central Keighley with fast broadband, excellent mobile coverage and strong local rental demand. The listing estimates over 20% possible rental yield, making it suited for portfolio expansion or a hands-on refurbishment investor. Be aware the wider area is classified as very deprived with a higher crime rate; this influences tenant mix, lettings strategy and insurance/management costs.
This is an affordable entry-point for a buyer prepared to refurbish and manage the asset. The flat’s modern kitchen and open-plan layout give clear scope to increase income quickly after sensible works. Prospective purchasers should carry out their own inspections and confirm finance options before bidding, particularly as auction purchase terms are binding.
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