87 Bentley Court, Parkwood Rise, Keighley BD21 4RQ

Description

The property comprises a one-bedroom, 10th-floor flat. The accommodation includes an open-plan kitchen, dining and reception area, double bedroom and bathroom with shower over bath and heated towel rail. The property benefits from large windows providing natural light.

Accommodation

Living/diningroom; Bathroom; Bedroom; Hall Storage

Location

The property is situated on the 10th floor in Keighley, within easy reach of the town centre, local amenities and public transport links. Keighley railway station provides regular services to Leeds, Bradford Forster Square and Skipton, with approximate journey times of 35–40, 25–30 and 15–20 minutes respectively. Local bus services are also available nearby.

Tenure / Property Information

Investment Analysis

Same-address sold evidence ranges from £50,000 in July 2023 to £63,000 in 2017. A base GDV of £50,000 uses the latest comparable, with £50,000–£63,000 as an evidence-supported scenario range. Comparables are not confirmed as the same flat and are not current.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the tenancy, leasehold charges, legal pack and disbursements. Treat as a potential low-entry BTL, not an underwritten flip or BRRR project.

Works Required

No specific refurbishment works are evidenced. Inspect the flat, tenancy position and legal pack before budgeting works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A 75% refinance of the base GDV indicates £37,500 gross refinancing capacity. Total project cost cannot be calculated because works, disbursements and tenancy-related information are unavailable.

Buy-to-Let Analysis

The flat is subject to an existing tenancy, but no passing rent or rental comparable is supplied. BTL yield cannot be established. The £3,600 administration charge is material relative to the £4,000 guide, with other disbursements potentially payable.

Flip Analysis

The latest same-address sale supports a £50,000 base GDV, but resale viability cannot be quantified without works, acquisition disbursements, selling costs and confirmation of vacant possession or tenancy terms.

Investor Risks & Due Diligence

• Existing tenancy agreement terms and passing rent are not supplied.

• The £3,600 administration charge is payable on exchange and other legal-pack disbursements may apply.

• Leasehold service charges, ground rent and reserve-fund liabilities are not supplied.

• The latest comparable is from July 2023 and may not represent current value.

• The EPC describes system-built construction with no insulation assumed, although external insulation is noted.

Recommendation

Proceed only after reviewing the tenancy, leasehold charges, legal pack and disbursements. Treat as a potential low-entry BTL, not an underwritten flip or BRRR project.

Strategy Rating

Analysis Confidence

Same-address sold comparables and headline tenure are available, but there is no rent evidence, confirmed condition budget, current valuation, tenancy detail, service-charge information or complete fee schedule.