5 Bed HMO, Bradford, BD7 1QR, £87,000

158, Dirkhill Road Bradford, BD7 1QR - 7 views - a month ago

Auction
HMO
ROI: 29%
56 m²
+1 photos

ValuationUndervalued

Sold Prices£113K - £475K
Sold Prices/m²£627/m² - £5.5K/m²

 

 

Square Metres

56.40 m²
Price/m²£1.5K/m²

Value Estimate

£91,767
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,750

Stamp Duty & Legal Fees

£5,550

Total Cash In

£27,300

 

 

Cash Out

 

Room Rate

£359

Gross Rent

£1,795

Running Costs/mo

£1,139

Cashflow/mo

£656

Cashflow/yr

£7,872

ROI

29%

Gross Yield

25%

Local Sold Prices

46 sold prices from £113K to £475K, average is £217.5K. £627/m² to £5.5K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£160K12/200.14 mi275, Great Horton Road, Bradford, West Yorkshire BD7 3BG5
£210K12/220.21 mi69, Cecil Avenue, Bradford, West Yorkshire BD7 3BW5
£166K01/210.39 mi123, Cecil Avenue, Bradford, West Yorkshire BD7 3BS5
£200K02/210.57 mi7, Ellercroft Terrace, Bradford, West Yorkshire BD7 2EQ5
£190K09/210.83 mi24, Southmere Grove, Bradford, West Yorkshire BD7 3NX5
£260K10/210.93 mi18, Clayfield Drive, Bradford, West Yorkshire BD7 4JA5
£205K06/230.95 mi18, Lumb Lane, Bradford, West Yorkshire BD8 7QP5
£290K03/210.98 mi28, Beechwood Avenue, Bradford, West Yorkshire BD6 3AF5
£120K02/211.03 mi50, Silverdale Road, Bradford, West Yorkshire BD5 8DR5
£277.5K07/231.09 mi2, Thomas Court, Bradford, West Yorkshire BD6 1SH5
£215K01/231.1 mi12, Mallory Close, Bradford, West Yorkshire BD7 2TB5
£170K03/211.12 mi25, Glenbrook Drive, Bradford, West Yorkshire BD7 2QF5
£220K02/231.16 mi3, Hoxton Street, Bradford, West Yorkshire BD8 9NG5
£310K05/221.19 mi24, Runswick Street, Bradford, West Yorkshire BD5 8LP5
£250K10/221.21 mi8, Welbeck Rise, Bradford, West Yorkshire BD7 4BU5
£265K01/211.27 mi424, Clayton Road, Bradford, West Yorkshire BD7 2SH5
£210K12/201.28 mi49, Welbeck Drive, Bradford, West Yorkshire BD7 4BT5
£227K12/201.37 mi12, Folly Hall Close, Bradford, West Yorkshire BD6 1UX5
£265K07/211.4 mi12, Middlebrook Walk, Bradford, West Yorkshire BD8 0ER5
£220K03/231.41 mi2, Como Avenue, Bradford, West Yorkshire BD8 9PZ5
£257K10/211.45 mi1, Oakwood Grove, Bradford, West Yorkshire BD8 8QB5
£440K10/221.5 mi352, Hollingwood Lane, Great Horton, Bradford, West Yorkshire BD7 4AL5
£205K01/211.55 mi2, Crestville Close, Clayton, Bradford, West Yorkshire BD14 6DZ5
£175K07/231.57 mi135, Lister Avenue, Bradford, West Yorkshire BD4 7QU5
£175K02/211.58 mi17, Radfield Drive, Bradford, West Yorkshire BD6 1BY5
£215K06/221.59 mi94, Middle Lane, Clayton, Bradford, West Yorkshire BD14 6DS5
£200K03/211.61 mi29, Chartwell Drive, Bradford, West Yorkshire BD6 3DA5
£190K01/231.65 mi38, Leamington Street, Bradford, West Yorkshire BD9 4QY5
£475K06/211.67 mi6, Box Tree Close, Bradford, West Yorkshire BD8 0AW5
£285K10/221.67 miVignola House, Crestville Road, Clayton, Bradford, West Yorkshire BD14 6DW5
£475K06/211.67 mi6, Box Tree Close, Bradford, West Yorkshire BD8 0AW5
£260K09/211.69 mi3, Alvanley Court, Bradford, West Yorkshire BD8 0NG5
£220K03/231.7 mi363, Beacon Road, Bradford, West Yorkshire BD6 3DF5
£190K11/201.7 mi365, Beacon Road, Bradford, West Yorkshire BD6 3DF5
£220K08/211.72 mi5, Abbeydale Drive, Bradford, West Yorkshire BD8 0BS5
£220K08/211.72 mi5, Abbeydale Drive, Bradford, West Yorkshire BD8 0BS5
£415K02/231.77 mi63a, Pasture Lane, Clayton, Bradford, West Yorkshire BD14 6JP5
£200K08/211.77 mi24, Mandale Road, Bradford, West Yorkshire BD6 3JT5
£210K11/201.82 mi7, Park View Road, Bradford, West Yorkshire BD9 4PA5
£113K04/211.83 mi145, Heaton Road, Bradford, West Yorkshire BD9 4RZ5
£208K02/231.84 mi295, Toller Lane, Bradford, West Yorkshire BD9 5BP5
£350K04/211.87 mi488, Halifax Road, Bradford, West Yorkshire BD6 2LH5
£249.9K11/231.89 mi28, Belmont Avenue, Low Moor, Bradford, West Yorkshire BD12 0PA5
£300K09/211.92 mi3, Crestwood Close, Bradford, West Yorkshire BD5 8AG5
£150K02/221.93 mi6, Bilberry Close, Clayton, Bradford, West Yorkshire BD14 6ND5
£164K12/201.97 mi205, Queens Road, Bradford, West Yorkshire BD2 4BT5

Local Area Statistics

Population in BD7

35,214

Population in Bradford

357,773

Town centre distance

0.26 miles away

Nearest school

0.10 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+18%

Sales demand

Seller's market

Capital growth (5yrs)

+44%

Property History

Listed for £87,000

March 12, 2025

Description

  • FOR SALE BY SHARPES, TRADITIONAL AUCTION - 3RD OF APRIL 2025 +
  • TENANTED FIVE BEDROOM TERRACE +
  • PRODUCING £1050 PCM WHICH GIVES YOU A HEALTHY 13.2% RETURN +
  • DOUBLE GLAZING AND CENTRAL HEATING +
  • EPC-TBC, TENURE- FREEHOLD, COUNCIL TAX A +
  • CALL TO BOOK A VIEWING +

FOR SALE BY SHARPES AUCTIONS, TRADITIONAL ONLINE AUCTION TO BE HELD ON THURSDAY 3rd OF April 2025 AT 12PM. ATTENTION INVESTORS/BUY TO LET LANDLORDS. EXCELLENT INVESTMENT OPPORTUNITY. A tenanted five bedroom terraced house currently let as an HMO and producing £1050 PCM with double glazing & central heating. The accommodation comprises; lounge and a kitchen to the ground floor, two first floor bedrooms and bathroom together with two further attic bedrooms to the top floor and a self contained flat to the lower ground floor which comprises; a bedroom, kitchen and a showeroom.
EPC- TBC
Tenure- Freehold
Council Tax- A

Description - Nestled in the vibrant area of Bradford, this terraced property on Dirkhill Road presents an exceptional opportunity for investors and buy-to-let landlords. The property has five bedrooms and two bathrooms.

This property is currently tenanted and operates as a House in Multiple Occupation (HMO), generating a steady income of £1,050 per calendar month. Benefits from double glazing throughout which enhances energy efficiency and ensures a warm and inviting living space.

The property will be available for sale through Sharpes Auctions, with a traditional online auction scheduled for Thursday, 3rd April 2025, at 12 PM. This auction format provides a transparent and straightforward purchasing process, making it an attractive option for potential buyers.

With its prime location and proven rental income, this property represents an excellent investment opportunity in a thriving area. Whether you are an experienced investor or new to the property market, this property is not to be missed. Embrace the chance to expand your portfolio with this promising asset in Bradford.

Solicitors - Reiss Solicitors
Ref:- Obaid Rathore

Brochure Prepared - 10/03/2025

Auctioneers Note - Please note that the information for the property has been supplied by the owner and we have not inspected the property internally.

Agent Details

Sharpes, Bradford

01274 015651

Next Steps?

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