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Woodview Terrace, Bradford, BD8 6 bed terraced house for sale
Woodview Terrace, Bradford, BD8
£275,000
Woodview Terrace, Bradford, BD8
£275,000
Our Summary
- The well-maintained flats generate a current rental income of £20,000 to £25,000 per annum, with significant potential to increase this income to £30,000 to £35,000 per annum by adjusting rents to current market levels
- Potential to convert into 7-8 bedsits, ideal for maximizing rental income (subject to planning approval)
- Investment Opportunity:
- Whether you're a family looking for a substantial multi-unit home or an investor seeking a property with strong cash flow and development potential, this Victorian mid-terrace offers excellent value
Description
This charming Victorian mid-terrace property in Woodview Terrace, Manningham, Bradford, offers a unique opportunity for families and investors alike. The property is currently configured as four self-contained 1-bedroom flats, each with its own kitchen and bathroom, generating a current rental income of £20,000 to £25,000 per annum. With significant potential to increase this income by adjusting rents to current market levels, this property is perfect for landlords looking to expand their portfolio in Bradford's growing rental market. The property retains its original features while offering a practical and modern living arrangement, with a large reception area, communal spaces, and shared amenities. The location is vibrant and well-connected, with excellent public transport links, and is close to mosques, schools, grocery stores, coffee shops, and restaurants. With its strong local community and welcoming environment, this property offers excellent value for families and investors looking for a substantial multi-unit home or a property with strong cash flow and development potential.