24, Edmund Street, BRADFORD, West Yorkshire, BD5 0BH

Description

An excellent opportunity to acquire a substantial property with significant investment potential, situated within a well-established residential area of Bradford. The property is to be sold with tenants in situ with a current HMO license valid until 21st January 2029 suitable for no more than 10 occupiers, please refer to legal pack prior to bidding. Edmund Street offers an attractive proposition for buyto- let investors, property developers and those seeking a refurbishment project with scope to add value. The property is positioned within an area of consistent rental demand and benefits from convenient access to local amenities, schools, transport links and Bradford City Centre. The property is being sold with seven rolling tenancies in place, with a combined rent reserved of £2,840 PCM, please refer to legal pack for more information on this prior to bidding. Accommodation: Ground Floor: Entrance Hall with Stairs Leading to Cellar Room, Three Bedrooms and Kitchen. First Floor: Split Half Landing with access to Shower Room and W/C, Main Landing leading to Bedrooms 4, 5, 6 & 7. Second Floor: Landing, Two Attic Bedrooms, Kitchenette and Bathroom. External: Rear Garden.

Location

Property located at 24, Edmund Street, BRADFORD, West Yorkshire, BD5 0BH.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: Development costs require site-specific appraisal. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

The auctioneer-published rent identified in the source is approximately £34,080 per annum.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Verify tenancy documents, rent history and deposit compliance

• Verify planning status, access, services and development constraints

Recommendation

Preferred strategy: Development. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Development: ★★★★☆

Buy-to-Let: ★★☆☆☆

Flip: ★★★☆☆