£1,450,000
Block of flats for saleKeighley Road, Bradford BD9
Just added
About this property
Location
The subject property is located in a prominent location on Keighley Road (A650) within Frizinghall approximately 2 miles north of Bradford City Centre and 1 mile south of Shipley Town Centre.
The surrounding area is generally a mix of residential and commercial users with Frizinghall Medical Centre, Frizinghall Pharmacy, Keygrade Academy and F & M Accountants all close by.
Description
The property comprises a purpose built 3 storey detached mixed use investment opportunity providing 2 retail units to the ground floor with 16 studio apartments to the upper floors plus basement parking / stores and management office.
The property is currently fully let producing a gross income of £111,818 per annum plus a further £13,200 per annum from the two garages on the lower ground floor which are currently let but undocumented.
A copy of the leases / ASTs are available upon request.
Accommodation
According to our measurements taken on site, the property offers the following gross internal floor areas:-
Ground Floor (Nafees Bakers)
Retail & Stores 104.96 sqm (1,130 sqft)
Ground Floor (Pim Zen Spa)
Spa Rooms, Reception Etc 113.71 sqm (1,224 sqft)
First Floor & Second Floors
16 Studio Apartments Not Measured
Lower Ground Floor
2 Garages / Management Office / Laundry Not Measured
Services
The property benefits from the provision of mains electric, water and drainage.
Please Note: None of these services have been tested and prospective purchasers are advised to satisfy themselves as to their condition and type.
Outgoings
We understand the property to be assessed for Uniform Business Rates under 2 separate listings. The Uniform Business Rate for 2026/2027 is 38.2 pence in the £ (small rhl) and 43.2 pence (small non-rhl)
Due to transitional relief provisions, the rates payable may have no relation to the rateable value. Interested parties are advised to check with the Local Rating Authority as to the current rates liability.
Leases
A copy of the leases and ASTs are available upon request.
Price
£1,450,000 – Subject to contract & subject to leases. Plus VAT
Legal costs
Each party to be responsible for their own legal costs incurred in the transaction
Energy performance certificate
An Energy Performance Certificate (EPC) has been commissioned.
VAT
The retail section is registered for VAT, which will be chargeable on the purchase price with the residential element being exempt. However, the property may qualify as a togc.
Anti-money laundering
In accordance with Anti-Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful purchaser.
The subject property is located in a prominent location on Keighley Road (A650) within Frizinghall approximately 2 miles north of Bradford City Centre and 1 mile south of Shipley Town Centre.
The surrounding area is generally a mix of residential and commercial users with Frizinghall Medical Centre, Frizinghall Pharmacy, Keygrade Academy and F & M Accountants all close by.
Description
The property comprises a purpose built 3 storey detached mixed use investment opportunity providing 2 retail units to the ground floor with 16 studio apartments to the upper floors plus basement parking / stores and management office.
The property is currently fully let producing a gross income of £111,818 per annum plus a further £13,200 per annum from the two garages on the lower ground floor which are currently let but undocumented.
A copy of the leases / ASTs are available upon request.
Accommodation
According to our measurements taken on site, the property offers the following gross internal floor areas:-
Ground Floor (Nafees Bakers)
Retail & Stores 104.96 sqm (1,130 sqft)
Ground Floor (Pim Zen Spa)
Spa Rooms, Reception Etc 113.71 sqm (1,224 sqft)
First Floor & Second Floors
16 Studio Apartments Not Measured
Lower Ground Floor
2 Garages / Management Office / Laundry Not Measured
Services
The property benefits from the provision of mains electric, water and drainage.
Please Note: None of these services have been tested and prospective purchasers are advised to satisfy themselves as to their condition and type.
Outgoings
We understand the property to be assessed for Uniform Business Rates under 2 separate listings. The Uniform Business Rate for 2026/2027 is 38.2 pence in the £ (small rhl) and 43.2 pence (small non-rhl)
Due to transitional relief provisions, the rates payable may have no relation to the rateable value. Interested parties are advised to check with the Local Rating Authority as to the current rates liability.
Leases
A copy of the leases and ASTs are available upon request.
Price
£1,450,000 – Subject to contract & subject to leases. Plus VAT
Legal costs
Each party to be responsible for their own legal costs incurred in the transaction
Energy performance certificate
An Energy Performance Certificate (EPC) has been commissioned.
VAT
The retail section is registered for VAT, which will be chargeable on the purchase price with the residential element being exempt. However, the property may qualify as a togc.
Anti-money laundering
In accordance with Anti-Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful purchaser.
Mortgage calculator
Monthly repayment
£7,253 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}