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Car Park Investment, Valley Road, Shipley, West Yorkshire BD18 2DD
Marketed by:
BTG Eddisons
340 Deansgate, Manchester M3 4LY, UK
0345 646 2288
Car Park Investment – Shipley
Car Park Investment, Valley Road, Shipley, West Yorkshire BD18 2DD
For Sale
£35,000+
Key Features
Residential Investment
Located in Shipley
Guide price £35,000+
Status: For Sale
Description
Description Freehold commercial investment comprising an income-generating car park, currently used by customers of the adjacent retail premises. The plot is sold subject to a tenancy agreement with a passing rent of £2,300 per annum, with a term 20 year term from March 2011 to February 2031.
The plot extends to approximately 340 sq m (407 sq yds) and is immediately adjacent to a Premier convenience store fronting Valley Road; across to the road to the east is Shipley Fire Station. The wider area is of mixed-use and comprises residential properties, open fields, and commercial premises.
Site Area Approximately 340 sq m (407 sq yds) Tenure Freehold Planning For any pre-application advice, interested parties should consult directly with the Local Planning Authority: Bradford Council Development Services, 4th Floor, Britannia House, Hall Ings, Bradford, BD1 1HX.
Telephone: 01274 434605. Email: planning.enquiries@bradford.gov.uk Occupancy Subject to a lease
Investment Analysis
Investment Snapshot
| Guide Price | £35,000+ |
| Refurbishment / Works Budget | £8,500–£18,000 |
| Purchase + Works | £43,500–£53,000 |
| Estimated GDV | £38,000 low / £41,000 base / £45,000 high |
| 75% Refinance – Base GDV | £30,750 |
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 £41,300.
HB estimated GDV: £38,000 low / £41,000 base / £45,000 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 £2,300 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 :
027
Property Location:
Car Park Investment, Valley Road, Shipley, West Yorkshire BD18 2DD
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