Cape Street, Bradford, BD1
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
2
- SIZE
Ask agent
Key features
- Tenanted property with immediate income
- City centre location close to amenities and transport links
- Popular historic mill conversion with character features
- Potential 7.9% net yield (at £850pcm)
- Strong rental demand from professionals and commuters
Description
Price: £107,500 | Tenanted 2-Bedroom Apartment
A fantastic opportunity for investors to acquire a well-located two-bedroom apartment within the popular Conditioning House development, a characterful mill conversion in the heart of Bradford city centre. The property is currently achieving £750 PCM, providing an immediate net yield of 6.8%, with clear scope to increase rents to £850 PCM, which would boost net yield to approximately 7.9%, in line with comparable local properties.
This attractive apartment combines strong rental demand with long-term investment fundamentals, making it an ideal addition to both new and experienced landlords' portfolios.
Investment Figures
Purchase Price: £107,500
Current Rent: £750 PCM (£9,000 per annum)
Potential Rent: £850 PCM (£10,200 per annum)
Ground Rent: £285 per annum
Service Charge: £1,400 per annum
Lease: Approx. 245 years remaining
Net Yield:
Current rent (£750 PCM): Annual net income £7,315 = 6.8% net yield
Potential rent (£850 PCM): Annual net income £8,515 = 7.9% net yield
Location & Rental Demand
Conditioning House is a historic mill conversion close to Bradford city centre, offering easy access to shops, restaurants, offices, and major transport links. The location is particularly attractive to young professionals and commuters, with Bradford's two main train stations providing convenient connections to Leeds, Manchester, and wider West Yorkshire.
The building is popular with tenants due to its character features, high ceilings, and loft-style living, creating a distinctive alternative to standard modern apartments.
Why This Is a Strong Investment
Immediate rental income with strong tenant demand
Net yield of 6.8% with easy upside to 7.9% through modest rental growth
Very long lease (245 years remaining)
City centre location in a landmark mill conversion
Strong rental market driven by professionals and commuters
This property represents a solid, income-producing buy-to-let investment with potential to enhance returns through minor rental improvements.
LET PURE INVESTOR TAKE THE STRAIN AWAY ...
We offer a fully managed lettings and property management service, ensuring landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we provide:
Fully managed lettings and property management service
Comprehensive coverage throughout England and Wales
One team, one fee across your full portfolio
Rental income protection available
Quick and easy transfer of existing properties
To find out more about our lettings and property management service, or discover how much we could save you each month, please contact our team.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Cape Street, Bradford, BD1
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
Affordability
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 123-conditioning. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.