Apartment 5 L I V, George Street, Bradford, West Yorkshire, BD1 5AA

Description

A Vacant Ground Floor One Bedroom Flat. The property comprises a ground floor one bedroom flat situated within a purpose built building arranged over ground and first floors.

Accommodation

Ground Floor: Reception Room, Kitchen, Bedroom Area, Bathroom

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Centenary Square are within easy reach. Transport links are provided by Bradford rail station.

Tenure / Property Information

Investment Analysis

Same-building HM Land Registry evidence ranges from £35,000 in May 2026 to £73,019–£88,995 in March–June 2022. The latest sale is the strongest time-relevant evidence, but the historical spread is substantial and the exact unit, condition and sale circumstances are not confirmed. An indicative scenario range of £35,000–£88,995 is used, with £73,019 as a cautious base estimate rather than a formal valuation.

Investment Snapshot

Strategy Recommendation

Investigate as a potential low-cost buy-to-let, subject to confirming achievable rent, leasehold charges, condition, legal title and all auction costs. Do not bid solely on the headline gross yield.

Works Required

No refurbishment works can be specified from the supplied evidence because condition, fixtures, services and common-part requirements are not reported. Inspection and legal-pack review should establish whether any works, compliance items or lease-related expenditure are required.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the lower guide, the property may offer substantial gross rent-to-price headroom, but a reliable BRRR assessment is not possible because refurbishment costs, buyer premium, legal/disbursement costs, leasehold charges and finance costs are unknown. A 75% refinance of the £73,019 base GDV is approximately £54,764, subject to lender valuation and eligibility.

Buy-to-Let Analysis

Advertised one-bedroom rents range from £495 to £650 pcm, with £600 pcm used as an indicative midpoint, producing £7,200 annual rent and a 24.0% gross yield against the £30,000 lower guide. These are asking rents rather than achieved rents, and service charges, ground rent, management, voids, finance and other costs are unknown, so net yield cannot be established.

Flip Analysis

The evidence supports a broad indicative GDV range of £35,000–£88,995, but refurbishment costs, selling costs and the buyer's total acquisition costs are unavailable. Consequently, a reliable flip surplus cannot be calculated.

Investor Risks & Due Diligence

• Same-building sold prices vary materially from £35,000 to £88,995, reducing valuation certainty.

• Rental evidence comprises advertised asking rents rather than achieved or passing rents.

• Buyer premium amount and additional search, seller, legal, transfer and disbursement costs are not quantified.

• Leasehold service charge, ground rent, restrictions and management arrangements are not supplied.

• Property condition, EPC, heating, parking and council tax information are unavailable.

• Refinance value and lending outcome may differ from the indicative 75% GDV calculation.

Recommendation

Investigate as a potential low-cost buy-to-let, subject to confirming achievable rent, leasehold charges, condition, legal title and all auction costs. Do not bid solely on the headline gross yield.

Strategy Rating

Analysis Confidence

There is useful same-building sales and rental evidence, but values vary widely and condition, exact comparable-unit details, leasehold charges, refurbishment needs and several purchase costs are not supplied.