Velvet Mills, Lilycroft Road 1 bed flat for sale

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Velvet Mills, Lilycroft Road 1 bed flat for sale

Velvet Mills, Lilycroft Road
£55,000

Our Summary

  • FOR SALE BY SHARPES AUCTIONS, TRADITIONAL ONLINE AUCTION TO BE HELD ON THURSDAY 2ND OCTOBER 2025 AT 12PM
  • AN EXCELLENT INVESTMENT OPPORTUNITY - A THIRD FLOOR - ONE BEDROOM LUXURY APARTMENT IN A HISTORIC MILL DEVELOPMENT IN BD9 - OFFERING 13% GROSS RETURN BASED ON GUIDE PRICE
  • FOR SALE BY SHARPES, TRADITIONAL AUCTION - 2ND OCTOBER 2025
  • For sale by sharpes, traditional auction 2 nd october 2025

Description

A rare investment opportunity has arisen in a historic mill development in BD9, offering a 13% gross return based on the guide price. The property is a third-floor one-bedroom luxury apartment in the Velvet Mill, a regenerated silk mill originally built in 1873. The apartment features original stone features, high timber-framed double-glazed windows, and stunning views of the surrounding area. The interior boasts a modern kitchen with integrated appliances, a spacious open-plan lounge, a double bedroom with fitted wardrobes, and a luxury bathroom with a contemporary white suite. The property also comes with an allocated underground parking space, offering secure parking. With an EPC rating of B and Council Tax band A, this is an excellent investment opportunity for investors or buy-to-let landlords.