1 bed flat for sale

Melbourne House, Melbourne Place BD5

Melbourne House, Melbourne Place, Bd5 0Bl

An outstanding turnkey buy-to-let opportunity in a well-established residential area of Bradford, offering immediate income and a strong net yield of approximately 9%.

Melbourne House, Melbourne Place is a well-maintained one-bedroom apartment situated within a low-rise, purpose-built development. The property is being sold with a tenant in situ, ensuring instant cash flow and eliminating initial letting costs or void periods-ideal for both new and experienced investors seeking a hassle-free addition to their portfolio.

The apartment comprises a spacious living area, fitted kitchen, double bedroom, and bathroom, along with the added benefit of allocated parking-an increasingly important feature for tenant demand and retention.

Melbourne Place is positioned within BD5, a consistently popular rental location in Bradford. The area benefits from strong tenant demand driven by its proximity to Bradford city centre, making it particularly attractive to working professionals. Excellent transport links, including easy access to the M606 and wider motorway network, enhance connectivity to Leeds and the broader West Yorkshire region-key employment hubs that support ongoing rental demand.

Bradford continues to attract investor attention due to its relatively low entry prices combined with high rental yields compared to nearby cities such as Leeds and Manchester. Ongoing regeneration across the city, including infrastructure improvements and investment initiatives, further strengthens its long-term growth prospects and potential for capital appreciation.

With a reliable tenant already in place, strong yield credentials, and a location underpinned by consistent rental demand and regional growth, this property represents a compelling, income-generating investment opportunity.

Financial Breakdown

Gross Rent: £6,240.00
Net income: £3,680.00
Gross yield: 15.6%
Net yield: 9.2%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08468