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13 Market Street, Wibsey, Bradford, West Yorkshire BD6 1LR

Marketed by:

BTG Eddisons

BTG Eddisons

340 Deansgate, Manchester M3 4LY, UK

0345 646 2288

For Sale

Mixed-Use Investment – Bradford

13 Market Street, Wibsey, Bradford, West Yorkshire BD6 1LR

For Sale

£60,000+

Key Features


  • Mixed-Use Investment

  • Located in Bradford

  • Guide price £60,000+

  • Status: For Sale

Description


Description A well-presented cottage arranged to provide compact studio-style accommodation over two levels. The ground floor comprises an open-plan kitchen and living area, shower room and separate W.C., with a mezzanine bedroom above.


The property was previously let at £550 per calendar month, equivalent to £6,600 per annum. Being cleaned and tenant ready, to include sofa, fridge-freezer and washing machine, it presents an opportunity for investors to secure a tenant and generate rental income.


The property is situated on Market Street in the popular residential area of Wibsey, approximately three miles south of Bradford city centre.


Wibsey offers a range of local shops, amenities and public transport services, with convenient access to Bradford, Halifax and the surrounding motorway network. Accommodation Ground Floor: Open-plan kitchen/living area, shower room and separate W.C.


Mezzanine Level: Bedroom Tenure Freehold Occupancy Vacant possession upon completion


Investment Analysis


Investment Snapshot


Guide Price£60,000+
Refurbishment / Works Budget£8,500–£18,000
Purchase + Works£68,500–£78,000
Estimated GDV£65,000 low / £71,000 base / £76,000 high
75% Refinance – Base GDV£53,250


Underwriting basis. This is an indicative desktop appraisal. GDV is an estimated post-works/open-market value, not a guaranteed valuation. Comparable research is widened from the same street/postcode to the surrounding market up to approximately five miles where necessary.


Market Comparables


  • Specialist asset: working market value is estimated from guide, asset type, income/development potential and local market evidence; midpoint £70,800.

HB estimated GDV: £65,000 low / £71,000 base / £76,000 high. The range reflects comparable quality, condition and the fact that auction stock can trade below normal owner-occupier market value.


Proposed Works


Compliance/surveys£1,000–£2,000
Repairs£1,500–£3,500
Decoration/flooring£2,000–£4,500
Kitchen/bath contingency£2,500–£5,000
Contingency£1,500–£3,000
Total£8,500–£18,000

The allowance follows the auction description/visible condition and investor-standard refurbishment scope. It is not a structural survey or contractor quotation.


Rental / Income Value


Stated passing income located in the property information is approximately £6,600 pa. For this specialist asset, passing income is more meaningful than imposing a standard AST rent.


Strategy & Value Analysis


This is not a conventional single-dwelling BRRR/flip asset. The value case should be assessed using the specialist strategy appropriate to the property—income capitalisation, asset management, planning/development or land value—while still using the market-value range above as an indicative exit benchmark.


Key Risks


Confirm legal title/tenure, occupancy, planning/licensing, service charge/ground rent where relevant, structural condition, utilities, abnormal works and finance terms. Market comparables are indicative and should be refreshed immediately before bidding.

Auction Details : 

BTG Eddisons

Auction Date : 

29/09/26

Lot Number : 

050

Tradelend Limited
Tradelend Limited

Bridging Finance, Development Finance

0203 886 2530

Tiger Financial
Tiger Financial

Bridging Finance, Development Finance

020 7965 7261

Tuscan Capital
Tuscan Capital

Bridging Finance

020 7846 9030

UK Bridging Loans Ltd
UK Bridging Loans Ltd

Bridging Finance

0116 366 6338

Ultimate Finance
Ultimate Finance

Bridging Finance

0800 121 7757

Property Location:

13 Market Street, Wibsey, Bradford, West Yorkshire BD6 1LR

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