4 Bed HMO, Bradford, BD4 9JG, £245,000

Cutler Heights Lane, Bradford, West Yorkshire, BD4 9JG - 4 views - 2 months ago

HMO
Refurb/BRRR
ROI: 3%
~129 m²
+17 photos

ValuationOvervalued

Sold Prices£55K - £333K
Sold Prices/m²£504/m² - £2.4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.9K/m²

Value Estimate

£130,563

 

 

End Value (After Refurb)

£155,357

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£8,550

Refurb Costs

£51,619

Bridging Loan Interest

£6,431

Total Cash In

£129,600

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£155,357

Mortgage (After Refinance)

£116,518

Mortgage LTV

75%

Cash Left In

£129,600

Equity

£38,839

Room Rate

£375

Gross Rent

£1,500

Running Costs/mo

£1,224

Cashflow/mo

£276

Cashflow/yr

£3,312

ROI

3%

Gross Yield

7%

Local Sold Prices

35 sold prices from £55K to £333K, average is £105K. £504/m² to £2.4K/m², average is £992/m².

PriceDateDistanceAddressBeds 
£87K04/210.35 mi11, Bideford Mount, Bradford, West Yorkshire BD4 9DU4
£100K02/230.37 mi182, Broadstone Way, Bradford, West Yorkshire BD4 9HJ4
£175K07/210.4 mi16, Minster Drive, Bradford, West Yorkshire BD4 8UL4
£165K10/210.43 mi10, Harry Street, Bradford, West Yorkshire BD4 9PH4
£100K12/200.45 mi41, Kirkwall Drive, Bradford, West Yorkshire BD4 0DL4
£188K04/230.48 mi1, Anlaby Street, Bradford, West Yorkshire BD4 8PS4
£98K10/200.53 mi16, Lister Avenue, Bradford, West Yorkshire BD4 7QP4
£209.9K04/210.54 mi27, Woolcombers Way, Bradford, West Yorkshire BD4 8JJ4
£100K11/210.67 mi118, Lister Avenue, Bradford, West Yorkshire BD4 7QS4
£75K03/210.7 mi2a, Dawson Lane, Bradford, West Yorkshire BD4 6HN4
£84K10/200.74 mi13, Plimsoll Street, Bradford, West Yorkshire BD4 7JH4
£85K11/220.77 mi32, Crawford Street, Bradford, West Yorkshire BD4 7JJ4
£73K10/200.78 mi4, Crawford Street, Bradford, West Yorkshire BD4 7JJ4
£115K02/210.78 mi25, Paley Terrace, Bradford, West Yorkshire BD4 7HS4
£252K11/210.8 mi60, Tyersal Court, Bradford, West Yorkshire BD4 8EW4
£240K11/220.83 mi7, Fieldside Close, Bradford, West Yorkshire BD4 0QY4
£104K12/220.83 mi32, Balfour Street, Bradford, West Yorkshire BD4 7JT4
£90K09/210.85 mi10, Planetrees Road, Bradford, West Yorkshire BD4 8AB4
£58K12/200.87 mi23, Brassey Terrace, Bradford, West Yorkshire BD4 7JZ4
£119K07/230.88 mi22, Ladbroke Grove, Bradford, West Yorkshire BD4 0JH4
£145K03/210.9 mi71, Bowling Hall Road, Bradford, West Yorkshire BD4 7LN4
£160K07/210.9 mi46, Flockton Crescent, Bradford, West Yorkshire BD4 7LG4
£55K11/200.9 mi122, Paley Road, Bradford, West Yorkshire BD4 7EL4
£65.5K12/200.9 mi102, Paley Road, Bradford, West Yorkshire BD4 7EL4
£88K02/210.91 mi156, New Hey Road, Bradford, West Yorkshire BD4 7LD4
£132K05/230.92 mi36, Holme Lane, Bradford, West Yorkshire BD4 0QA4
£248K12/210.94 mi26, Crestwood Close, Bradford, West Yorkshire BD5 8AG4
£110K01/230.94 mi1, Bowling Hall Road, Bradford, West Yorkshire BD4 7LE4
£99.5K07/210.94 mi28, Sewell Road, Bradford, West Yorkshire BD3 9TD4
£205K10/200.95 mi23, Crestwood Close, Bradford, West Yorkshire BD5 8AG4
£333K12/210.95 mi21, Crestwood Close, Bradford, West Yorkshire BD5 8AG4
£310K12/220.95 mi12, Mill House Rise, Bradford, West Yorkshire BD5 8AJ4
£110K11/200.96 mi79, Greenhill Lane, Bradford, West Yorkshire BD3 8DZ4
£105K02/230.98 mi169, Paley Road, Bradford, West Yorkshire BD4 7EP4
£75K10/211 mi55, Granton Street, Bradford, West Yorkshire BD3 8EF4

Local Area Statistics

Population in BD4

31,127

Population in Bradford

357,773

Town centre distance

2.14 miles away

Nearest school

0.30 miles away

Nearest train station

1.53 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £245,000

February 21, 2025

Floor Plans

Description

This beautifully presented four-bedroom end-of-terrace property, located in a sought-after area of Bradford, Yorkshire, offers a rare combination of space, period charm, and modern convenience. Recently renovated throughout, the home has been thoughtfully updated while retaining its characterful features, including an open fireplace set within a stunning stone chimney breast.

Excellent investment opportunity for those either looking for large family home or for rental potential as a large HMO property!

Key Features:
Spacious & Versatile Layout: This property offers a well-planned layout across multiple levels, making it ideal for families or those in need of generous living space.
Character & Period Features: Retaining much of its original charm, the home boasts exposed stonework, a striking fireplace, and high ceilings that enhance the sense of space.
Stylish & Modern Renovations: A recent refurbishment ensures the home is move-in ready, blending contemporary design with traditional elements.

Accommodation Details:
Lower Ground floor:
-Bedroom Four: Conveniently located on the ground floor, this versatile space could also serve as a study or guest bedroom.
-Showerroom: A well-appointed family bathroom, complete with modern fixtures and fittings.
-Utility Room: A particularly large utility area provides ample storage and additional workspace, perfect for a busy household.
-Second Reception Room: A flexible additional living space that could serve as a home office, playroom, or snug.

Ground Floor:
-Kitchen: A modern, fully integrated kitchen fitted with high-spec appliances and sleek cabinetry, offering ample preparation and storage space.
-Living Room: A warm and inviting living area featuring an open fireplace set within a characterful stone chimney breast – a perfect focal point for cozy evenings.
-Dining Area: A dedicated dining space ideal for family meals and entertaining guests.

First Floor:
-Master Bedroom: A generously sized bedroom offering a peaceful retreat.
-Bedroom Two with En-suite: Spacious and well-equiped space
-Family Bathroom

Second Floor:
-Bedroom 3 with En-suite

Outdoor Space:
The property boasts a private garden, offering a peaceful outdoor sanctuary for relaxation, gardening, or alfresco dining.

Summary:
Cutler Heights Lane is a rare find in the Bradford area, offering substantial living space, period charm, and modern upgrades. With its well-thought-out layout, spacious rooms, and high-quality finish, this home is perfect for families or professionals looking for a stylish yet practical living space.

Viewings are highly recommended to fully appreciate the character and size of this impressive property.

Viewing is highly recommended to fully appreciate the size and potential of this property.

Buyer Process: Our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably. Therefore any new applicants to purchase are subject to vetting to ensure they meet strict criteria.

Exclusivity Fee:

You can secure the purchase today by paying an exclusivity fee of £2,000 which gives you the rights to purchase within a given timeframe. The exclusivity fee is returned to you upon successful completion of the property.

A processing fee of £200 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.

Paying this fee ensures that the seller takes their property off the market and reserves it exclusively for you, therefore eliminating the risk of gazumping and aborted costs.

Disclaimer
The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, any part of a contract. Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any of the services, appliances, equipment or facilities are in good working order. Purchasers should satisfy themselves of this prior to purchasing. The photograph(s) depict only certain parts of the property. It should not be assumed that any contents/furniture etc. photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph(s). No assumption should be made with regard to parts of the property that have not been photographed. Any areas, measurements, aspects or distances referred to are given as a GUIDE ONLY and are NOT precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries. Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further inquiries to ensure that our descriptions are likely to match any expectations you may have.

Agent Details

British Homesellers, National

01727 222221

Next Steps?

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