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Gloucester Road, Bingley, West Yorkshire, BD16 - Image 1
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Gloucester Road, Bingley, West Yorkshire, BD16

Yorkshire

£123,500
Listed on 07/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
900 sqft

Description

This is a well established three-bedroom townhouse that presents an excellent opportunity for those looking to invest in a property that requires modernising. Spanning two floors, the layout includes a welcoming entrance hall, a lounge area, and a kitchen on the ground floor, while the first floor hosts three bedrooms and a family bathroom. The property benefits from gas central heating and double glazing, which provides a solid foundation for further enhancements. Outside, there are gardens both at the front and back, complete with a patio area perfect for outdoor living once updated. Located within a sought-after residential neighborhood of Bingley, this home is just moments away from local amenities and offers reliable transport links to Leeds and Bradford. Ideal for families or investors willing to undertake renovations, an internal viewing is highly recommended to truly grasp its potential.

Investment Analysis

(BD16 area)

Below Market Value

This property is priced -42.9% below area average per sq ft

-42.9%
Potential saving
This Property
£137/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£180
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£238,046
10% above area average per sq ft
Potential ROI
+55.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (BD16)

Area prices are rising by +4.1% over the last 12 months
3 year growth: 2.6%
5 year growth: 9.3%
Investment Disclaimer: Analysis based on BD16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Gloucester Road, Bingley, West Yorkshire, BD16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£452
Based on a loan of £92,625 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE