8 Bed HMO, Bradford, BD8 7AH, £450,000

40 Woodview Terrace, Bradford, West Yorkshire, BD8 7AH - 22 views - 5 months ago

HMO
ROI: 4%
~248 m²
+49 photos

ValuationOvervalued

Sold Prices£110K - £405K
Sold Prices/m²£682/m² - £1K/m²

 

 

Square Metres

~248 m²
Price/m²£1.8K/m²

Value Estimate

£204,978

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Room Rate

£442

Gross Rent

£3,536

Running Costs/mo

£3,025

Cashflow/mo

£511

Cashflow/yr

£6,134

ROI

4%

Gross Yield

9%

Local Sold Prices

5 sold prices from £110K to £405K, average is £230K. £682/m² to £1K/m², average is £827/m².

PriceDateDistanceAddressBeds 
£405K09/220.57 mi8, Park View Road, Bradford, West Yorkshire BD9 4PA8
£265K04/211.58 mi25, Pemberton Drive, Bradford, West Yorkshire BD7 1RA8
£110K12/221.59 mi8, Laisteridge Lane, Bradford, West Yorkshire BD7 1RD8
£142K04/211.59 mi8, Laisteridge Lane, Bradford, West Yorkshire BD7 1RD8
£230K09/222.29 mi77, Grange Road, Allerton, Bradford, West Yorkshire BD15 7RS8

Local Area Statistics

Population in BD8

31,740

Population in Bradford

357,773

Town centre distance

1.60 miles away

Nearest school

0.20 miles away

Nearest train station

0.60 miles away

 

 

Rental growth (12m)

+20%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £450,000

November 29, 2024

Sold for £174,000

2018

Floor Plans

Description

  • 8 BEDROOM END TERRACE +
  • IDEAL FOR GROWING FAMILY OR INVESTOR +
  • 3 LIVING ROOMS AND ORANGERY +
  • 2 OCCASIONAL ATTIC ROOMS +
  • KITCHEN AND KITCHENETTE +
  • POTENTIAL HMO SUBJECT TO PLANNING APPROVAL +
  • PLEASE NOTE SOME CHANGES ARE AWAITING SIGN OFF FROM BUILDING CONTROL +
  • COUNCIL TAX BAND C +
  • EPC RATING GRADE D +

Welcome to Woodview Terrace, a charming end terrace house located in the heart of Bradford, West Yorkshire. This property boasts an impressive 8 bedrooms and 4 bathrooms, making it ideal for a growing family or savvy investor looking for a multi-generational living space.

Built in 1929, this house exudes character with its original features, offering a unique blend of old-world charm and modern convenience. With 3 reception rooms, an orangery, a kitchen, and a kitchenette, there is no shortage of space for entertaining or relaxing with loved ones.

In addition to the 8 spacious bedrooms, this property also features 2 occasional attic rooms, providing even more versatility for various needs. Recently updated, this house is move-in ready while still offering the potential for further development, including the possibility of converting it into a House in Multiple Occupation (HMO) subject to planning approval.

Situated in a vibrant urban area, this property benefits from excellent public transport links making commuting a breeze. It is also in proximity to Mosques and local schools, making it an ideal choice for families with school-going children. The local amenities such as grocery stores, coffee shops, and restaurants are just a short walk away adding to the convenience of this location.

Moreover, the strong local community in the area encourages a sense of belonging and offers a warm welcome to everyone. This house is not just a property, it's a home situated in a community where neighbours know each other and where you will feel a sense of belonging.

This property is not only a comfortable home but also a smart investment opportunity. With a Council Tax Band C and an EPC rating of D, this house offers both affordability and energy efficiency.

HUNTERS BRADFORD OFFER THIS 8 BEDROOM AND 3 LIVING ROOM THROUGH END TERRACE PROPERTY WITH LOTS OF POTENTIAL. IDEAL FOR A FAMILY OR INVESTOR.

Ground Floor -

Porch - 1.8 x 2.6 (5'10" x 8'6") - Pvc Entrance Porch giving access to the Ground floor

Reception Room One - 5.6 x4.6 (18'4" x15'1") -

Dining Room - 5.6 x 4.6 (18'4" x 15'1") -

W/C - 1.9 x 0.9 (6'2" x 2'11") -

Store Room - 3.6 x 2.5 (11'9" x 8'2" ) -

Reception 2 - 5.5 x 4.5 (18'0" x 14'9") -

Kitchen - 5.5 x 5.5 (18'0" x 18'0") -

Orangery - 6.4 x 4.2 (20'11" x 13'9") -

Kitchenette - 1.7 x 6.4 (5'6" x 20'11") -

Pantry - 1.1 x 1.2 (3'7" x 3'11") -

Bathroom - 1.9 x 1.7 (6'2" x 5'6") -

Utility Room - 1.9 x 2.8 (6'2" x 9'2") -

First Foor -

Bedroom One - 5.6 x 3.4 (18'4" x 11'1") -

En-Suite - 2.5 x 1.2 (8'2" x 3'11" ) -

Bedroom Two - 3.9 x 2.4 (12'9" x 7'10") -

Bedroom Three - 2.8 x 4.6 (9'2" x 15'1" ) -

Bedroom Four - 2.8 x 4.6 (9'2" x 15'1" ) -

Bathroom Two - 3.9 x 2.4 (12'9" x 7'10" ) -

Second Floor -

Bedroom Five - 2.8 x 4.6 (9'2" x 15'1") -

Bedroom Six - 2.6 x 4.6 (8'6" x 15'1" ) -

Bedroom Seven - 2.6 x 4.6 (8'6" x 15'1" ) -

Bedroom Eight - 2.8 x 4.6 (9'2" x 15'1" ) -

Bathroom Three - 3.6 x 2.4 (11'9" x 7'10" ) -

Third Floor -

Occasional Room One - 3.1 x 4.5 (10'2" x 14'9") -

Occasional Room Two - 3.1 x 4.6 (10'2" x 15'1" ) -

Agent Details

Hunters, Bradford

01274 003067

Next Steps?

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