Duke Street, Bradford, BD1 3QR

4 Duke Street, Bradford BD1 3QR & 1 Manor Row, Bradford BD1 4PB A Converted 11-Unit HMO & Residential Investment | Asking Price £680,000

An exceptional opportunity to acquire two adjoining, income-producing properties occupying a prominent L-shaped corner building in the heart of Bradford city centre. Together they comprise ten en-suite HMO letting rooms and a self-contained one-bedroom flat, producing a potential gross income of £72,000 per annum a gross yield of 10.5% and a net yield of up to 9.12% after estimated outgoings of £9,940 pa.

THE PROPERTIES

The two properties form part of the same building, each with its own address, frontage and title a single managed block with the flexibility of two separate titles.

4 Duke Street is a fully converted five-bedroom HMO with a private en-suite to every room and a generous shared lounge and kitchen, creating a high-specification co-living environment.

1 Manor Row provides five further ground-floor en-suite bedrooms with a communal kitchen/lounge, plus a self-contained one-bedroom flat on the lower ground floor with an open-plan lounge/kitchen and dedicated bathroom.

INCOME

10 × en-suite rooms @ £550 pcm: £66,000 pa

One-bedroom flat @ £500 pcm: £6,000 pa Total: £6,000 pcm / £72,000 pa gross

PLANNING, LICENSING & TENURE

Full planning permission is in place (refs 25/01685/FUL and 25/01686/LBC, Bradford planning portal). All conversion works will be completed prior to legal completion, delivering a finished, ready-to-let investment. HMO licences will be required by the incoming owner; the vendor has worked closely with Bradford Council throughout to ensure the scheme aligns with licensing requirements, providing a smooth path to licensing.

Both properties are held on 999-year leases from 1997 at a nominal £5 per annum ground rent each effectively a virtual freehold.

Viewings strictly by appointment through the selling agent.