2 Bed Flat, Single Let, Huddersfield, HD2 1NT, £90,000

Oxley Road, Ferndale, Huddersfield, HD2 1NT - 2 views - 7 months ago

Sold STC

Leasehold

BTL

ROI: 8%

~68 m²

+7 photos

ValuationFair Value

Sold Prices	£53K - £164.9K
Sold Prices/m²	£756/m² - £2.2K/m²

Square Metres	~68.11 m²
Price/m²	£1.3K/m²
Value Estimate	£88,891£88,891

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£22,500£22,500
Stamp Duty & Legal Fees	£3,900£3,900
Total Cash In	£26,400£26,400

Cash Out
Rent Range	£495 - £925£495 - £925
Rent Estimate	£595
Running Costs/mo	£420£420
Cashflow/mo	£175£175
Cashflow/yr	£2,097£2,097
ROI	8%8%
Gross Yield	8%8%

Local Sold Prices

20 sold prices from £53K to £164.9K, average is £76K. £756/m² to £2.2K/m², average is £1.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£90K	09/21	0.01 mi	21, Oxley Road, Huddersfield, West Yorkshire HD2 1NT	£1,385	65	2	Flat
£90K	09/21	0.01 mi	21, Oxley Road, Huddersfield, West Yorkshire HD2 1NT	£1,385	65	2	Flat
£88K	04/23	0.01 mi	3, Oxley Road, Huddersfield, West Yorkshire HD2 1NT	£1,443	61	2	Flat
£80K	02/23	0.13 mi	27, Sylvan Ridge, Huddersfield, West Yorkshire HD2 1ZH	£1,333	60	2	Flat
£75K	10/23	0.13 mi	29, Sylvan Ridge, Huddersfield, West Yorkshire HD2 1ZH	£1,364	55	2	Flat
£53K	08/23	0.18 mi	7, Marlington Drive, Huddersfield, West Yorkshire HD2 1GU	-	-	2	Flat
£63.5K	03/23	0.19 mi	189, Bradley Boulevard, Huddersfield, West Yorkshire HD2 1EA	£1,130	56	2	Flat
£67K	06/23	0.19 mi	187, Bradley Boulevard, Huddersfield, West Yorkshire HD2 1EA	£1,196	56	2	Flat
£75K	12/22	0.21 mi	7, Drysdale Fold, Huddersfield, West Yorkshire HD2 1ZF	£1,364	55	2	Flat
£65K	03/23	0.21 mi	1, Drysdale Fold, Huddersfield, West Yorkshire HD2 1ZF	£756	86	2	Flat
£78K	04/21	0.23 mi	2, Drysdale Fold, Huddersfield, West Yorkshire HD2 1ZF	£1,099	71	2	Flat
£78K	04/21	0.23 mi	2, Drysdale Fold, Huddersfield, West Yorkshire HD2 1ZF	£1,099	71	2	Flat
£77K	12/22	0.23 mi	5, Drysdale Fold, Huddersfield, West Yorkshire HD2 1ZF	£1,305	59	2	Flat
£54.3K	03/21	0.23 mi	7, Drysdale Fold, Huddersfield, West Yorkshire HD2 1ZF	£986	55	2	Flat
£100K	12/20	0.3 mi	493, Bradford Road, Huddersfield, West Yorkshire HD2 2LL	-	-	2	Flat
£74K	08/22	0.42 mi	3 Hepworths Buildings, Deighton Road, Huddersfield, West Yorkshire HD2 1JW	-	-	2	Flat
£65K	07/21	0.58 mi	86, Blackhouse Road, Huddersfield, West Yorkshire HD2 1AR	£858	76	2	Flat
£164.9K	12/20	0.68 mi	18, The Green, Huddersfield, West Yorkshire HD2 1QB	£2,229	74	2	Flat
£57.5K	03/23	0.92 mi	99, Cowcliffe Hill Road, Huddersfield, West Yorkshire HD2 2PE	-	-	2	Flat
£95K	10/21	0.95 mi	39, Spaines Road, Huddersfield, West Yorkshire HD2 2SD	£1,357	70	2	Flat

Local Rents

32 rents from £495/mo to £925/mo, average is £685/mo.

Rent	Date	Distance	Address	Beds	Type
£750	12/24	0.18 mi	Marlington Drive, HD2	2	Flat
£645	03/24	0.18 mi	-	2	Flat
£850	04/24	0.25 mi	Belle Vue Crescent, Huddersfield, HD2	2	Semi-Detached House
£695	12/24	0.46 mi	Revive Court, 417 Bradford Road, Fartown, Huddersfield, HD2	2	Flat
£625	12/24	0.57 mi	-	2	Terraced House
£650	12/24	0.6 mi	-	2	Terraced House
£875	01/24	0.73 mi	-	2	Semi-Detached House
£800	04/24	0.78 mi	-	2	Terraced House
£750	12/24	0.81 mi	Abbey Road, Fartown	2	Terraced House
£620	04/24	0.86 mi	-	2	Terraced House
£650	11/24	0.86 mi	-	2	Terraced House
£875	11/24	0.87 mi	-	2	Bungalow
£495	12/24	0.88 mi	-	2	Terraced House
£750	12/24	0.88 mi	-	2	Terraced House
£675	12/24	0.91 mi	Scholes Road, Birkby	2	Terraced House
£600	12/24	0.91 mi	-	2	Terraced House
£525	04/25	0.91 mi	-	2	Terraced House
£625	12/24	0.95 mi	Sands Terrace, Huddersfield	2	Terraced House
£525	12/24	1 mi	-	2	Terraced House
£650	12/24	1.03 mi	Leeds Road, Huddersfield	2	Terraced House
£675	01/24	1.08 mi	-	2	Terraced House
£600	12/24	1.1 mi	Leeds Road, Huddersfield, HD1	2	Terraced House
£650	12/24	1.15 mi	-	2	Terraced House
£700	03/25	1.17 mi	-	2	Semi-Detached House
£725	04/25	1.19 mi	-	2	Flat
£925	02/24	1.2 mi	Bay Hall Common Road, HUDDERSFIELD	2	Flat
£925	02/24	1.2 mi	Bay Hall Common Road, HUDDERSFIELD	2	Flat
£925	12/24	1.2 mi	Bay Hall Common Road, HUDDERSFIELD	2	Flat
£650	04/24	1.21 mi	-	2	Semi-Detached House
£700	04/24	1.21 mi	-	2	Terraced House
£700	02/25	1.21 mi	-	2	Terraced House
£900	12/24	1.22 mi	Common Road, HUDDERSFIELD	2	Flat

Local Area Statistics

Population in HD2	28,72328,723
Population in Huddersfield	200,145200,145
Town centre distance	2.45 miles away2.45 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.90 miles away0.90 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+0%+0%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+19%+19%

Property History

Listed for £90,000

September 26, 2024

Description

Tenant in Situ +
Resident and visitor parking +
Great location +
Near to Schools and amenities +
2-bedroom flat +
Spacious bedrooms +
Well-appointed bathroom +
Excellent investment potential +
Tenant in Situ +

INVESTMENT OPPORTUNITY

New To The Market With The Multi-Award Winning Whitegates Estate Agents Huddersfield, Brighouse & Holmfirth Is This Two Bedroomed First Floor Apartment Situated In The Popular Area Of Ferndale.

TENANT IN-SITU

The property is situated near local schools and amenities within a short distance. The apartment is being sold with tenant in situ, paying £595 per calendar month giving a great potential yield for any investor.

Internally comprises of; Entrance hall, Utility room, Bathroom, Open plan living with kitchen and lounge area, Main Bedroom, and Second Bedroom. Externally the property has resident and vistor parking.

The property has no chain. An internal inspection is highly recommended.

Asking price: £90,000

Council Tax: Kirklees Band B
EPC: C

Modern and stylish, this first-floor apartment boasts two bedrooms and is conveniently located with residents parking and off-street parking. The property offers a contemporary living space with sleek finishes and modern amenities.

The property has no chain. An internal inspection is highly recommended.

Asking price: £90,000

Council Tax: Kirklees Band B
EPC: C

Agent Details

Whitegates, Huddersfield

01484 627311

Next Steps?

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

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