2 Bed Terraced House, Refurb/BRRR, Huddersfield, HD4 5EB, £80,000

College Street, Crosland Moor, Huddersfield, HD4 5EB - a year ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 5%
~68 m²
+2 photos

ValuationFair Value

Sold Prices£56K - £185K
Sold Prices/m²£511/m² - £2.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£80,000

 

 

End Value (After Refurb)

£87,885

Uplift in Value

+10%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Refurb Costs

£26,951

Bridging Loan Interest

£2,100

Total Cash In

£56,001

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£87,885

Mortgage (After Refinance)

£65,914

Mortgage LTV

75%

Cash Released

£5,914

Cash Left In

£50,088

Equity

£21,971

Rent Range

£575 - £800

Rent Estimate

£671

Running Costs/mo

£429

Cashflow/mo

£242

Cashflow/yr

£2,906

ROI

5%

Gross Yield

10%

Local Sold Prices

51 sold prices from £56K to £185K, average is £90K. £511/m² to £2.2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£149K04/240.02 mi126, Blackmoorfoot Road, Huddersfield, West Yorkshire HD4 5RL2
£89K07/230.02 mi227, Blackmoorfoot Road, Huddersfield, West Yorkshire HD4 5RL2
£96K08/210.06 mi24, Nabcroft Lane, Huddersfield, West Yorkshire HD4 5EA2
£115K06/210.1 mi16, Ellison Street, Huddersfield, West Yorkshire HD4 5DS2
£130K09/210.1 mi49a, Moorside Avenue, Huddersfield, West Yorkshire HD4 5BJ2
£86K01/230.12 mi23, Hawthorne Terrace, Crosland Moor, Huddersfield, West Yorkshire HD4 5RP2
£105.5K05/230.13 mi59, Hawthorne Terrace, Crosland Moor, Huddersfield, West Yorkshire HD4 5RP2
£105.5K05/230.13 mi59, Hawthorne Terrace, Crosland Moor, Huddersfield, West Yorkshire HD4 5RP2
£80K01/210.13 mi46, Hawthorne Terrace, Crosland Moor, Huddersfield, West Yorkshire HD4 5RP2
£84K05/210.13 mi48, Hawthorne Terrace, Crosland Moor, Huddersfield, West Yorkshire HD4 5RP2
£185K08/230.13 mi47, Park Road, Crosland Moor, Huddersfield, West Yorkshire HD4 5DB2
£87.5K02/240.15 mi7, College Street East, Huddersfield, West Yorkshire HD4 5DN2
£69.5K10/200.15 mi59, Park Road West, Huddersfield, West Yorkshire HD4 5BL2
£72.5K11/200.16 mi121, Blackmoorfoot Road, Crosland Moor, Huddersfield, West Yorkshire HD4 5AP2
£113K10/210.16 mi317, Blackmoorfoot Road, Huddersfield, West Yorkshire HD4 5RA2
£115K12/230.16 mi327, Blackmoorfoot Road, Huddersfield, West Yorkshire HD4 5RA2
£86.3K04/210.17 mi10, Penrhyn Gardens, Huddersfield, West Yorkshire HD4 5RG2
£105K11/230.17 mi3, Penrhyn Gardens, Huddersfield, West Yorkshire HD4 5RG2
£64K06/210.17 mi419, Manchester Road, Huddersfield, West Yorkshire HD4 5BR2
£140K01/240.2 mi43, William Street, Crosland Moor, Huddersfield, West Yorkshire HD4 5RT2
£93K05/230.2 mi64, Park Road West, Huddersfield, West Yorkshire HD4 5BN2
£77K12/200.21 mi27, Ivy Street, Crosland Moor, Huddersfield, West Yorkshire HD4 5RB2
£125K10/210.21 mi15, Ivy Street, Crosland Moor, Huddersfield, West Yorkshire HD4 5RB2
£65K02/210.21 mi14, Keat Street, Huddersfield, West Yorkshire HD4 5BE2
£59.5K09/210.21 mi3, Keat Street, Huddersfield, West Yorkshire HD4 5BE2
£71.5K08/230.22 mi55, May Street, Huddersfield, West Yorkshire HD4 5DH2
£56K12/220.22 mi5, Keat Street, Huddersfield, West Yorkshire HD4 5BE2
£90K02/230.23 mi7, Sunningdale Road, Huddersfield, West Yorkshire HD4 5DX2
£72K08/230.24 mi9, Sunningdale Road, Huddersfield, West Yorkshire HD4 5DX2
£84K10/230.24 mi36, Church Avenue, Huddersfield, West Yorkshire HD4 5DF2
£90K05/210.24 mi16, May Street, Huddersfield, West Yorkshire HD4 5DG2
£95.8K09/210.24 mi12, May Street, Huddersfield, West Yorkshire HD4 5DG2
£156.5K07/230.24 mi34, Frederick Street, Huddersfield, West Yorkshire HD4 5QZ2
£95K05/210.24 mi18, Frederick Street, Huddersfield, West Yorkshire HD4 5QZ2
£130K02/230.24 mi31, Frederick Street, Huddersfield, West Yorkshire HD4 5QZ2
£92K03/210.25 mi70, Nabcroft Lane, Huddersfield, West Yorkshire HD4 5EP2
£70K11/200.25 mi3, Church Street, Crosland Moor, Huddersfield, West Yorkshire HD4 5DQ2
£90K06/210.25 mi102, Lightcliffe Road, Huddersfield, West Yorkshire HD4 5BD2
£98.5K03/230.25 mi76, Lightcliffe Road, Huddersfield, West Yorkshire HD4 5BD2
£57K02/210.26 mi57, Crosland Street, Huddersfield, West Yorkshire HD4 5AS2
£83K10/210.26 mi81, Crosland Street, Huddersfield, West Yorkshire HD4 5AS2
£68K03/230.31 mi1, Yew Green Road, Huddersfield, West Yorkshire HD4 5EN2
£105K10/220.31 mi1, Thackeray Grove, Huddersfield, West Yorkshire HD4 5HD2
£102K02/210.32 mi7, Yew Green Avenue, Huddersfield, West Yorkshire HD4 5EW2
£70K03/210.32 mi33, Crosland Street, Huddersfield, West Yorkshire HD4 5AU2
£80K04/210.32 mi21, Row Street, Huddersfield, West Yorkshire HD4 5BB2
£85K08/230.32 mi5, Row Street, Huddersfield, West Yorkshire HD4 5BB2
£70K11/210.34 mi51, Moor End Road, Huddersfield, West Yorkshire HD4 5HE2
£90K06/210.34 mi223, Yews Hill Road, Huddersfield, West Yorkshire HD1 3SS2
£76.5K12/220.35 mi18, Wren Street, Huddersfield, West Yorkshire HD1 4TT2
£110K02/230.35 mi15, Raven Street, Huddersfield, West Yorkshire HD1 4TY2

Local Rents

30 rents from £575/mo to £800/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£67512/240.01 mi-2
£65003/240.02 mi-2
£70004/240.12 miHawthorne Terrace, Huddersfield, HD42
£57512/240.12 miChapel Terrace, Crosland Moor, Huddersfield, HD42
£65002/250.13 mi-2
£72512/240.14 miBlackmoorfoot Road, HUDDERSFIELD2
£62512/240.15 miBlackmoorfoot Road, Crosland Moor2
£65012/240.2 miLightcliffe Road, Crosland Moor2
£65012/240.22 miSunningdale Road, Crosland Moor2
£65012/240.23 mi-2
£70012/240.39 miThe Ironworks, Birkhouse Lane, Paddock, Huddersfield, HD42
£65004/240.4 miBlackmoorfoot Road, Huddersfield, West Yorkshire, HD42
£67510/230.41 mi-2
£69502/240.41 mi-2
£62502/240.42 miChurch Street, Paddock, Huddersfield, HD12
£65003/240.46 miClough Lane, Huddersfield2
£80003/250.46 mi-2
£65003/250.47 mi-2
£69502/240.48 mi-2
£69502/240.48 mi-2
£69510/240.48 mi-2
£79511/240.49 mi-2
£65004/240.49 miBeech Street, Paddock, Huddersfield, West Yorkshire, HD12
£67503/250.51 mi-2
£65003/250.51 mi-2
£70012/230.52 mi-2
£65012/240.57 miFenton Road, Huddersfield, HD12
£65012/240.57 mi-2
£62510/230.6 mi-2
£67512/240.6 mi-2

Local Area Statistics

Population in HD4

30,170

Population in Huddersfield

200,145

Town centre distance

0.49 miles away

Nearest school

0.30 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £80,000

March 7, 2024

Floor Plans

Description

  • Investment Opportunity With Scope For Renovation +
  • Rear Facing Terrace With Enclosed Garden Space +
  • Situated In A Highly Sought After Location +
  • Good Sized Rooms +
  • Close To Local Amenities and Public Transport Links +

SUMMARY
A fabulous opportunity to invest in a good-sized terrace with an enclosed garden and scope to renovate. Perfect for those looking to put their own stamp on a property or for an investment opportunity, located close to local amenities, schools, public transport and the town centre of Huddersfield.

DESCRIPTION
This rear facing terrace is ideal for those looking to invest in a new property with great features such as an enclosed garden, good sized rooms and original features which could be restored, making this the ideal property for someone looking to curate their own renovation. Located close to shops, schools, public transport routes and the town centre of Huddersfield being within close proximity, making this an ideal property for those looking as a first time purchase or for those wanting to expand their portfolio. Comprising of an entrance vestibule with access into a spacious lounge overlooking the garden, a staircase leading down into the lower ground floor with scope to change into a kitchen with an additional storage cupboard and an external door. To the first floor, there are two good-sized bedrooms and the house shower room with a three-piece suite. Externally, the property has an enclosed rear garden space. Parking is freely available on the road just outside.

Ground Floor 

Lounge 15' 7" x 12' 7" to chimney breast ( 4.75m x 3.84m to chimney breast )
Superbly spacious reception room warmed by a gas fire with carpeted flooring, integrated cupboard and a double glazed window to the rear.

Kitchen 12' 7" plus recess x 10' 6" max ( 3.84m plus recess x 3.20m max )
Good sized kitchen with concrete flooring and door leading to the rear.

First Floor 

Bedroom One 8' 10" x 15' 2" ( 2.69m x 4.62m )
Spacious doubled bedroom with carpeted flooring and a double glazed window to the rear.

Bedroom Two 11' 5" max x 12' 9" max ( 3.48m max x 3.89m max )
Good sized double bedroom with carpeted flooring and double glazed window to the rear.

Bathroom 
Bathroom suite comprising step in shower cubicle, low flush WC and wash hand basin. With vinyl flooring and extractor.

External 
The property has an enclosed rear garden space. Parking is freely available on the road just outside.

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Huddersfield

01484 627776

Next Steps?

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