Sold STC Flat

APARTMENT 32

20 - 22, MILL STREET, BRADFORD, WEST YORKSHIRE BD1 4AB

2 beds 2 baths 81 m² Listed 22 Jul 2025 (-364d)

£60,000

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# 2 bedroom apartment for sale (BD1 4AB)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 32, 20 - 22, MILL STREET, BRADFORD, WEST YORKSHIRE BD1 4AB |
| Price | £60,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | B |
| Last sold | £57,500 Mar 2026 |

## Description

This second floor apartment is located in a converted mill in the heart of the City Centre, close to Forster Square railway station with connections to Leeds. The accommodation has been fully redecorated, has new flooring throughout and briefly comprises: Spacious  reception hall, 16ft open plan lounge/dining/kitchen area with built-in oven and hob, fridge/freezer and washer/dryer. Two bedrooms the master having an en-suite shower room and modern bathroom. Allocated under ground secure on site PARKING SPACE - CASH BUYERS ONLY!

City Centre

## Property Photos

- ![Picture No. 03](/listings/photos/164811251/1163415) - Picture No. 03
- ![Picture No. 06](/listings/photos/164811251/1163416) - Picture No. 06
- ![Picture No. 09](/listings/photos/164811251/1163417) - Picture No. 09
- ![Picture No. 08](/listings/photos/164811251/1163418) - Picture No. 08
- ![Picture No. 05](/listings/photos/164811251/1163419) - Picture No. 05
- ![Picture No. 12](/listings/photos/164811251/1163420) - Picture No. 12
- ![Picture No. 13](/listings/photos/164811251/1163421) - Picture No. 13
- ![Picture No. 15](/listings/photos/164811251/1163422) - Picture No. 15
- ![Picture No. 16](/listings/photos/164811251/1163423) - Picture No. 16
- ![Picture No. 10](/listings/photos/164811251/1163424) - Picture No. 10
- ![Picture No. 11](/listings/photos/164811251/1163425) - Picture No. 11
- ![Google Maps Image](/listings/photos/164811251/1163426) - Google Maps Image

## Floorplans

- ![Picture No. 04](/listings/photos/164811251/1163427) - Picture No. 04

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 20 - 22 APARTMENT 32 MILL STREET, BRADFORD, WEST YORKSHIRE, BD1 4AB | £57,500 | 05/03/2026 | Flat |
| 20 - 22 APARTMENT 32 MILL STREET, BRADFORD, WEST YORKSHIRE, BD1 4AB | £153,950 | 13/12/2004 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 20 - 22 APARTMENT 14 MILL STREET, BRADFORD, WEST YORKSHIRE, BD1 4AB | £52,000 | 24/08/2022 | Flat |
| THE JOHN GREEN BUILDING, 27 APARTMENT 7 BOLTON ROAD, BRADFORD, WEST YORKSHIRE, BD1 4DR | £36,500 | 24/03/2022 | Flat |
| 20 - 22 APARTMENT 35 MILL STREET, BRADFORD, WEST YORKSHIRE, BD1 4AB | £32,000 | 11/08/2021 | Flat |

**Area average:** £40,167 (3 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £84,434 (49 Flat, BD1, 2024–2026)
- **Deviation:** -28.9%

## Rental Range

*ONS Price Index of Private Rents (Bradford). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £671/mo
- **Realistic:** £746/mo
- **Optimistic:** £821/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Bradford & South Dales (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £524/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Stone Gate House, BD1 | £875/mo | 2 | 0.18 miles | OpenRent |
| 2 Bed Flat, Manor Row, BD1 | £750/mo | 2 | 0.2 miles | OpenRent |
| 2 Bed Flat, Conditioning House, BD1 | £800/mo | 2 | 0.25 miles | OpenRent |
| 2 Bed Flat, Conditioning House, BD1 | £895/mo | 2 | 0.25 miles | OpenRent |
| 2 Bed Flat, Conditioning House Cape Street, BD1 | £2,350/mo | 2 | 0.25 miles | OpenRent |
| 2 Bed Flat, Gallon House, BD1 | £780/mo | 2 | 0.26 miles | OpenRent |
| 2 Bed Flat, Behrens Warehouse, BD1 | £725/mo | 2 | 0.33 miles | OpenRent |

**Average rent: £1,025/mo (7 listings)**

## 1% Rule

- **Rent ratio:** 1.33% (strong)
- **Max investor price (0.8%):** £100,000
- **Target investor price (1%):** £80,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £800/mo).*

- **Gross yield:** 16%
- **Cost-to-rent:** 6.3×
- **Monthly cashflow:** £459/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 31.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 3.9%
- **10y growth:** 48.7%

## House Price Index (HM Land Registry)

*Official index for Bradford; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** 0.6%
- **5y growth (index):** 14.7%
- **10y growth (index):** 40.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Picture No. 03 Picture No. 06 Picture No. 09 Picture No. 08 Picture No. 05 Picture No. 12 Picture No. 13 Picture No. 15 Picture No. 16 Picture No. 10 Picture No. 11 Google Maps Image

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Property details

Tenure

LEASEHOLD

Floor area

81 m²

Council tax band

Last sold

£57,500 Mar 2026

Local average

£84,434 (-28.9%)

Deprivation

Decile 1 (2,494 of 33,755)

Street crime

1198 incidents within 1 mile (May 2026)

Key features

Two Bedrooms
Two Bathrooms
Cash Buyers Only
Secured Allocated Parking
Council Tax Band: B
EPC Rating: C

Additional details

Parking: Yes

Description

This stunning two bedroom second floor apartment of considerable charm and character has been fully redecorated throughout and forms part of this superb grade II listed building, which has been skillfully and sympathetically converted to create superb homes. Allocated under ground secure on site parking space. - CASH BUYERS ONLY!

This second floor apartment is located in a converted mill in the heart of the City Centre, close to Forster Square railway station with connections to Leeds. The accommodation has been fully redecorated, has new flooring throughout and briefly comprises: Spacious reception hall, 16ft open plan lounge/dining/kitchen area with built-in oven and hob, fridge/freezer and washer/dryer. Two bedrooms the master having an en-suite shower room and modern bathroom. Allocated under ground secure on site PARKING SPACE - CASH BUYERS ONLY!

City Centre

Listed by

Bradford

The Property Franchise Group

Reference: 164811251

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Picture No. 04

Price history

-63% since 2004

Event	Date	Price	% change
Sold	05/03/2026 (4 months ago)	£57,500	-62.7%
Sold	13/12/2004 (21 years ago)	£153,950	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
20 - 22 APARTMENT 14 MILL STREET, BRADFORD, WEST YORKSHIRE, BD1 4AB	£52,000	24/08/2022	Flat
THE JOHN GREEN BUILDING, 27 APARTMENT 7 BOLTON ROAD, BRADFORD, WEST YORKSHIRE, BD1 4DR	£36,500	24/03/2022	Flat
20 - 22 APARTMENT 35 MILL STREET, BRADFORD, WEST YORKSHIRE, BD1 4AB	£32,000	11/08/2021	Flat

Area average: £40,167 (3 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 3.9%

10y growth 48.7%

House Price Index (HM Land Registry — official index, not sold-price averages): Bradford. Series: Flats and maisonettes. As of April 2026.

1y (index) 0.6%

5y (index) 14.7%

10y (index) 40.1%

Rental Range

Estimated market rent for Bradford. Low = conservative, Realistic = average, Optimistic = best case.

Low £671/mo

Realistic £746/mo

Optimistic £821/mo

Based on Local Authority from postcode lookup → Bradford.

LHA (30th percentile) floor for Bradford & South Dales: £524/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View BD1 4AB

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Cathedral P	0.1 miles
Bus stop	Valley Rd North Holme Street	0.1 miles
Shop	OneBelow	0.1 miles
Shop	Pets at Home	0.1 miles
Train station	Bradford Forster Square	0.1 miles
Train station	Bradford Interchange	0.5 miles
University	Bradford University School of Management	1.7 miles
Hospital	Eccleshill NHS Treatment Centre	2.4 miles
Hospital	Moorlands View	2.4 miles
University	Leeds Trinity University	5.5 miles

Street-level crime

Category	Count
Violence and sexual offences	454
Drugs	106
Public order	103
Other theft	93
Criminal damage and arson	81
Anti-social behaviour	77
Shoplifting	73
Vehicle crime	73
Burglary	41
Other crime	32
Robbery	29
Theft from the person	14
Possession of weapons	13
Bicycle theft	9
Total incidents	1198

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Training and Skills Centre	Other	0.3 miles	Inadequate — 1 Mar 2023
Westminster Church of England Primary Academy	Primary	0.5 miles	Good — 19 Oct 2023
Carlton Bolling	Secondary	0.6 miles	Outstanding — 16 Nov 2017
Barkerend Primary Leadership Academy	Primary	0.6 miles	Outstanding — 11 Jun 2019
New College Bradford	Other	0.6 miles	— (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Flat, Stone Gate House, BD1	£875/mo	2	0.18 miles	OpenRent
2 Bed Flat, Manor Row, BD1	£750/mo	2	0.2 miles	OpenRent
2 Bed Flat, Conditioning House, BD1	£800/mo	2	0.25 miles	OpenRent
2 Bed Flat, Conditioning House, BD1	£895/mo	2	0.25 miles	OpenRent
2 Bed Flat, Conditioning House Cape Street, BD1	£2,350/mo	2	0.25 miles	OpenRent
2 Bed Flat, Gallon House, BD1	£780/mo	2	0.26 miles	OpenRent
2 Bed Flat, Behrens Warehouse, BD1	£725/mo	2	0.33 miles	OpenRent

Average rent: £1,025/mo (7 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.33%

Max investor price (0.8%) £100,000

Target investor price (1%) £80,000

Gross yield 16%

Cost-to-rent ratio 6.3×

Monthly cashflow £459/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 31.6%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).