Apartment 315, Vm2, Salts Mill Road, SHIPLEY, West Yorkshire, BD17 7DD

Description

Leasehold third floor flat Location: The properties are located on Salts Mill Road. Shopping amenities are available locally within Shipley Town Centre with a further range of shops, bars and restaurants found in Bradford City Centre lying to the south. Public transport links are available at Saltaire Rail Station located to the west and at Shipley Rail Station lying to the south along with a network of local bus services serving the surrounding areas. The properties are served by road links including the A657 and the A650 both located to the south. Recreational pursuits can be found at Roberts Park lying to the west and at Northcliffe Golf Course located to the south. Accommodation: Two bedrooms, reception room, kitchen, bathroom/wc Outside: Allocated Parking EPC Rating: B Council Tax Band: C Lease: Held on a lease for a term of 125 years from 01/01/2005 at a ground rent of £TBC per annum. To view: By arrangement with the auctioneers.

Location

The properties are located on Salts Mill Road. Shopping amenities are available locally within Shipley Town Centre with a further range of shops, bars and restaurants found in Bradford City Centre lying to the south. Public transport links are available at Saltaire Rail Station located to the west and at Shipley Rail Station lying to the south along with a network of local bus services serving the surrounding areas. The properties are served by road links including the A657 and the A650 both located to the south. Recreational pursuits can be found at Roberts Park lying to the west and at Northcliffe Golf Course located to the south. Accommodation: Two bedrooms, reception room, kitchen, bathroom/wc Outside: Allocated Parking

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

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

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. 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

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆