2 Bed Flat, Single Let, Huddersfield, HD3 3BR, £100,000

The Gate, Huddersfield, HD3 3BR - 1 views - 8 months ago

Sold STC
Leasehold
BTL
ROI: 11%
~75 m²
+13 photos

ValuationUndervalued

Sold Prices£46.2K - £200K
Sold Prices/m²£943/m² - £3.5K/m²

 

 

Square Metres

~74.57 m²
Price/m²£1.3K/m²

Value Estimate

£123,000
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Total Cash In

£29,200

 

 

Cash Out

 

Rent Range

£650 - £1,100

Rent Estimate

£750

Running Costs/mo

£483

Cashflow/mo

£268

Cashflow/yr

£3,210

ROI

11%

Gross Yield

9%

Local Sold Prices

29 sold prices from £46.2K to £200K, average is £120K. £943/m² to £3.5K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£200K02/230.18 mi30, Hall Lee Fold, Huddersfield, West Yorkshire HD3 3NX2
£75K06/210.21 mi20, St Philips Court, Huddersfield, West Yorkshire HD3 3BE2
£75K05/230.21 mi16, St Philips Court, Huddersfield, West Yorkshire HD3 3BE2
£70K02/230.23 mi47, Zion Close, Huddersfield, West Yorkshire HD3 3NA2
£175K11/200.29 mi8, Church Tower View, Huddersfield, West Yorkshire HD3 3FX2
£190K11/220.31 mi8a, Lidget Street, Huddersfield, West Yorkshire HD3 3JB2
£120K05/230.47 mi52, Blackthorn Drive, Huddersfield, West Yorkshire HD3 3SB2
£107.5K01/210.47 mi54a, Blackthorn Drive, Huddersfield, West Yorkshire HD3 3SB2
£111K11/210.47 mi56a, Blackthorn Drive, Huddersfield, West Yorkshire HD3 3SB2
£107.5K01/210.47 mi54a, Blackthorn Drive, Huddersfield, West Yorkshire HD3 3SB2
£121.3K05/230.47 mi52a, Blackthorn Drive, Huddersfield, West Yorkshire HD3 3SB2
£107.5K01/230.47 mi56, Blackthorn Drive, Huddersfield, West Yorkshire HD3 3SB2
£163K06/210.5 mi9, Lakeside Court, Huddersfield, West Yorkshire HD3 3WQ2
£148K09/210.52 mi21, Kirkwood Green, Huddersfield, West Yorkshire HD3 3WN2
£197K12/220.53 mi16, Lakeside Court, Huddersfield, West Yorkshire HD3 3WQ2
£133K07/210.57 mi28, Austin Close, Lindley, Huddersfield, West Yorkshire HD3 3ZQ2
£153K11/210.62 miApartment 6, Lime Tree Court, Grimescar Road, Huddersfield, West Yorkshire HD2 2EB2
£112.5K03/230.62 mi115, Equilibrium, Lindley, Huddersfield, West Yorkshire HD3 3GE2
£110K06/210.62 mi105a, Equilibrium, Lindley, Huddersfield, West Yorkshire HD3 3GE2
£163K09/220.62 miApartment 1, Lime Tree Court, Grimescar Road, Huddersfield, West Yorkshire HD2 2EB2
£120K04/210.62 mi76, Equilibrium, Lindley, Huddersfield, West Yorkshire HD3 3HL2
£120K03/220.64 miApartment 8, Lime Tree Court, Grimescar Road, Huddersfield, West Yorkshire HD2 2EB2
£109K06/210.64 mi56, Equilibrium, Lindley, Huddersfield, West Yorkshire HD3 3HL2
£46.2K11/220.64 mi9, Equilibrium, Lindley, Huddersfield, West Yorkshire HD3 3HL2
£170K09/220.64 mi47, Equilibrium, Lindley, Huddersfield, West Yorkshire HD3 3HL2
£123.5K05/210.76 mi15, Bay Close, Huddersfield, West Yorkshire HD3 4DF2
£123K04/230.86 mi28, Reinwood Road, Huddersfield, West Yorkshire HD3 4DH2
£90K02/210.89 mi95, George Avenue, Huddersfield, West Yorkshire HD2 2BJ2
£122.5K06/210.93 mi2, James Mason Court, Huddersfield, West Yorkshire HD1 4PX2

Local Rents

15 rents from £650/mo to £1.1K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£85009/230.04 mi-2
£1,10012/240.05 mi-2
£84503/240.13 mi-2
£90003/250.13 mi-2
£80001/240.16 mi-2
£79506/240.18 mi-2
£75010/230.18 mi-2
£75012/240.21 miSt Philips Court, Halifax Road, Birchencliffe, Huddersfield, HD32
£85011/230.28 mi-2
£65003/250.34 mi-2
£67508/240.36 mi-2
£90012/240.44 miFixby Croft Cottage, Grimescar Road, Fixby2
£75012/240.44 mi-2
£80002/250.46 mi-2
£79512/240.62 miLime Tree Court, Grimescar Road, Huddersfield, West Yorkshire, HD22

Local Area Statistics

Population in HD3

29,493

Population in Huddersfield

200,145

Town centre distance

1.75 miles away

Nearest school

0.20 miles away

Nearest train station

1.71 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £100,000

August 14, 2024

Floor Plans

Description

  • Two Bedroomed Second Floor Apartment +
  • No Vendor Chain & Vacant Possession +
  • Spacious Living Kitchen +
  • Superb Location For M62 Motorway +
  • Handy For Lindley Village +
  • Gas Central Heating & Double Glazing +
  • Communal Gardens +
  • Allocated Parking Space +
  • Early Viewing Advisible +
  • COUNCIL TAX BAND B £1710.95 +

PROPERTY DESCRIPTION Martin & Co. Huddersfield are pleased to bring to the market this second floor two bedroomed apartment which is offered with the benefit of vacant possession and no vendor chain involved. The property has a gas central heating system, double glazing and also comes with a single allocated parking space. Located just one mile from Huddersfield town centre and being ideally situated for the excellent amenities of Lindley village and the M62 motorway network.

The apartment block has a secure communal entrance door to the ground floor which leads to a staircase accessing all floors to the apartments. The main entrance door to the property leads into a spacious Hall which has two useful built-in cupboards with doors to the main rooms.

The spacious open plan Living Kitchen is well equipped with a range of units to both base and wall with complimenting work surfaces and a single drainer sink unit with mixer tap, a cupboard houses the central heating boiler. Integrated appliances include a four ring gas hob with cooker hood above, a built-in electric oven, fridge and freezer, there is also plumbing for an automatic washing machine. The room is naturally light due to dual aspect windows to the front and rear plus a pair of French doors to a Juliet style balcony. The Living area has ample space for relaxing and dining.

The Master Bedroom is a well proportioned double with windows to the front elevation. The second single Bedroom is also situated to the front of the apartment. The generous Bathroom/Wc is fitted with a white three piece suite comprising of a panelled bath, pedestal wash hand basin and a low level wc.

PLEASE NOTE: The annual Service Charge is £1200.00 and the Ground Rent is £150.00 Subject To Clarification by our clients which we are awaiting.

This easy to manage property is sure to appeal to a variety of prospective purchasers and early viewing is definitely recommended.
Viewings can be arranged directly with our Huddersfield office on .

Agent Details

Martin & Co, Huddersfield

01400 220148

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪