# 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 |
| Construction age | England and Wales: 2003-2006 |
| Floor area | 81 m² |
| Last sold | £57,500 Mar 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 23/08/2032
- **Current heating cost:** £523/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0902-1328-6200-0074-3222)

## 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

## 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, 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 |

**Average rent: £1,348/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 1.49% (strong)
- **Max investor price (0.8%):** £111,875
- **Target investor price (1%):** £89,500

*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 £895/mo).*

- **Gross yield:** 17.9%
- **Cost-to-rent:** 5.6×
- **Monthly cashflow:** £544/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 37.5%

*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).*

## Price per Square Metre

- **£/m²:** £741/m²

## Capital growth trend

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

- **5y growth:** 10.2%
- **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)