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St. Michaels Close, Cottingley, West Yorkshire, BD16

Yorkshire

£115,000
Listed on 06/05/2026

Property Details

Bedrooms
2
Type
Apartment
Area
700 sqft

Description

This two-bedroom first-floor apartment presents a promising investment opportunity for those looking to enhance its living space. While the property offers generous dimensions and a favorable layout, it requires modernization to truly shine. Key features include a gas heating system and uPVC double glazing, providing a solid foundation for improvements. The spacious lounge diner invites open-concept possibilities, while the kitchen and bathroom can be tailored to reflect contemporary tastes. Outside, residents can enjoy well-maintained gardens with pleasant views, along with the convenience of a tandem garage located beneath the property. Situated within a desirable purpose-built development on the outskirts of Cottingley village, this apartment boasts easy access to Bingley town centre's vibrant amenities, including shops, dining options, and excellent educational institutions. The area is well-connected by public transport to Leeds and Bradford, making it an attractive option for commuters. With no ongoing service charges and shared responsibility among residents for communal maintenance costs, this property offers both affordability and potential. The long lease enhances its appeal as an investment opportunity in a sought-after location.

Investment Analysis

(BD16 area)

Below Market Value

This property is priced -32.1% below area average per sq ft

-32.1%
Potential saving
This Property
£164/sq ft
Area Average
£242/sq ft
Avg Rent (weekly)
£199
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£186,417
10% above area average per sq ft
Potential ROI
+33.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (BD16)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +1.6%
5 year growth: +5.9%
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

St. Michaels Close, Cottingley, West Yorkshire, BD16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£410
Based on a loan of £86,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

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