1 Bedroom Apartment

Melbourne Place, 
Bradford, 
BD5 0BL
Purchase price
£40,000
  • Size: 40 sqm
  • Tenanted
ATTENTION INVESTORS - GENERATE AN IMPRESSIVE 9% NET YIELD WITH THIS TENANTED PROPERTY! Quirky 1 bedroom mezzanine flat with parking.
  • Financial Performance*
Gross rent
£6,240
Ground rent
£400
Service charge
£2,160
Net income
£3,680
Gross yield
15.6%
Net yield
9.2%
  • Key Features
  • Tenanted for immediate income
  • Impressive 9% yield
  • One double bedroom
  • Parking included
  • EPC - C
  • Well presented
  • Unique property
  • Mezzanine bedroom
  • Enquire for video tour

An outstanding turnkey buy-to-let opportunity in a well-established residential area of Bradford, offering immediate income and a strong net yield of approximately 9%.

Melbourne House, Melbourne Place is a well-maintained one-bedroom apartment situated within a low-rise, purpose-built development. The property is being sold with a tenant in situ, ensuring instant cash flow and eliminating initial letting costs or void periods—ideal for both new and experienced investors seeking a hassle-free addition to their portfolio.

The apartment comprises a spacious living area, fitted kitchen, double bedroom, and bathroom, along with the added benefit of allocated parking—an increasingly important feature for tenant demand and retention.

Melbourne Place is positioned within BD5, a consistently popular rental location in Bradford. The area benefits from strong tenant demand driven by its proximity to Bradford city centre, making it particularly attractive to working professionals. Excellent transport links, including easy access to the M606 and wider motorway network, enhance connectivity to Leeds and the broader West Yorkshire region—key employment hubs that support ongoing rental demand.

Bradford continues to attract investor attention due to its relatively low entry prices combined with high rental yields compared to nearby cities such as Leeds and Manchester. Ongoing regeneration across the city, including infrastructure improvements and investment initiatives, further strengthens its long-term growth prospects and potential for capital appreciation.

With a reliable tenant already in place, strong yield credentials, and a location underpinned by consistent rental demand and regional growth, this property represents a compelling, income-generating investment opportunity.

  • Financial Performance *
Gross rent
£6,240
Ground rent
£400
Service charge
£2,160
Net income
£3,680
Gross yield
15.6%
Net yield
9.2%

Fill in your details below to enquire about property YL-08468
1 Bedroom Apartment

Melbourne Place, 
Bradford
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*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC