3 Bed Bungalow, Refurb/BRRR, Huddersfield, HD4 5NY, £199,000

8 Hob Lane, Crosland Moor, Huddersfield, HD4 5NY - 6 months ago

Refurb/BRRR
ROI: 1%
84 m²
+10 photos

ValuationOvervalued

Sold Prices£74K - £307K
Sold Prices/m²£968/m² - £4K/m²

 

 

Square Metres

84 m²
Price/m²£2.4K/m²

Value Estimate

£136,000

 

 

End Value (After Refurb)

£190,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£49,750

Stamp Duty & Legal Fees

£11,150

Refurb Costs

£33,239

Bridging Loan Interest

£5,224

Total Cash In

£101,112

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£190,000

Mortgage (After Refinance)

£142,500

Mortgage LTV

75%

Cash Left In

£101,112

Equity

£47,500

Rent Range

£600 - £1,175

Rent Estimate

£871

Running Costs/mo

£788

Cashflow/mo

£83

Cashflow/yr

£997

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £74K to £307K, average is £168.8K. £968/m² to £4K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£265K03/210.01 mi4a, Hob Lane, Huddersfield, West Yorkshire HD4 5NY3
£305K07/220.05 mi4, Pembroke Court, Huddersfield, West Yorkshire HD4 5NB3
£218K09/210.05 mi7, Pembroke Court, Huddersfield, West Yorkshire HD4 5NB3
£230K12/220.07 mi8, Farmhouse Court, Huddersfield, West Yorkshire HD4 5PH3
£233K04/210.09 mi4, Greystone, Huddersfield, West Yorkshire HD4 5NF3
£200K09/230.11 mi27, Boothroyd Drive, Huddersfield, West Yorkshire HD4 5QH3
£170K09/230.13 mi2, Sandene Avenue, Huddersfield, West Yorkshire HD4 5LY3
£307K10/230.15 mi14, Mason Court, Huddersfield, West Yorkshire HD4 5NE3
£110K01/210.17 mi103, Balmoral Avenue, Huddersfield, West Yorkshire HD4 5LQ3
£155K09/230.18 mi31, Dalmeny Avenue, Huddersfield, West Yorkshire HD4 5NN3
£160K03/210.18 mi24, Battye Avenue, Huddersfield, West Yorkshire HD4 5PW3
£182K07/230.18 mi27, Battye Avenue, Huddersfield, West Yorkshire HD4 5PW3
£280K07/230.25 mi2, Sandstone Lane, Huddersfield, West Yorkshire HD4 5QN3
£175K07/210.27 mi12, Stainecross Avenue, Huddersfield, West Yorkshire HD4 5HZ3
£90K12/230.28 mi407, Blackmoorfoot Road, Huddersfield, West Yorkshire HD4 5NH3
£125K02/230.28 mi415, Blackmoorfoot Road, Huddersfield, West Yorkshire HD4 5NH3
£118K05/210.29 mi84, Balmoral Avenue, Huddersfield, West Yorkshire HD4 5LJ3
£190K05/230.29 mi28, Thornleigh Road, Huddersfield, West Yorkshire HD4 5PY3
£157K12/230.32 mi17, Gramfield Road, Huddersfield, West Yorkshire HD4 5QB3
£265K04/210.37 mi1a, Dryclough Avenue, Huddersfield, West Yorkshire HD4 5JU3
£200K04/240.38 mi17, Foster Avenue, Huddersfield, West Yorkshire HD4 5LN3
£218K05/210.39 mi15, Balmoral Avenue, Huddersfield, West Yorkshire HD4 5LR3
£133.5K03/210.43 mi3, Avison Road, Huddersfield, West Yorkshire HD4 5TL3
£135K11/230.43 mi3, Avison Road, Huddersfield, West Yorkshire HD4 5TL3
£105K04/210.44 mi11, Southern Road, Huddersfield, West Yorkshire HD4 5TJ3
£133.8K10/210.44 mi14, Southern Road, Huddersfield, West Yorkshire HD4 5TJ3
£134.5K06/210.44 mi63, Southern Road, Huddersfield, West Yorkshire HD4 5TJ3
£114K05/210.44 mi12, Southern Road, Huddersfield, West Yorkshire HD4 5TJ3
£120K10/230.44 mi47, Southern Road, Huddersfield, West Yorkshire HD4 5TJ3
£115K03/230.46 mi765, Manchester Road, Huddersfield, West Yorkshire HD4 5SW3
£260K03/240.47 mi29, Longden Avenue, Huddersfield, West Yorkshire HD4 5JD3
£265K04/230.47 mi11, Longden Avenue, Huddersfield, West Yorkshire HD4 5JD3
£74K10/200.48 mi715, Manchester Road, Huddersfield, West Yorkshire HD4 5SH3
£251.5K09/230.49 mi14, Henry Ralph Avenue, Huddersfield, West Yorkshire HD4 7AJ3
£250K04/210.5 mi22, Moor Park Avenue, Huddersfield, West Yorkshire HD4 7AL3
£265K08/230.5 mi35, Moor Park Avenue, Huddersfield, West Yorkshire HD4 7AL3
£180K03/230.51 mi65, Warneford Road, Huddersfield, West Yorkshire HD4 5TW3
£167.5K07/230.51 mi32, Warneford Road, Huddersfield, West Yorkshire HD4 5TW3
£209K04/210.51 mi28, Warneford Road, Huddersfield, West Yorkshire HD4 5TW3
£124K02/210.51 mi29, Warneford Road, Huddersfield, West Yorkshire HD4 5TW3
£150K01/230.52 mi39, Bankwell Road, Huddersfield, West Yorkshire HD3 4LZ3
£140K03/210.52 mi29, Ivy Street, Crosland Moor, Huddersfield, West Yorkshire HD4 5RB3
£215K10/220.52 mi47, Western Road, Huddersfield, West Yorkshire HD4 5TH3
£160K11/220.54 mi26, Ivy Street, Crosland Moor, Huddersfield, West Yorkshire HD4 5RB3
£125K09/210.55 mi9, Mount Street, Cowlersley, Huddersfield, West Yorkshire HD4 5TD3
£136K10/230.55 mi2, Mount Street, Cowlersley, Huddersfield, West Yorkshire HD4 5TD3
£175K06/230.55 mi9, Manse Drive, Huddersfield, West Yorkshire HD4 5UA3
£175K06/230.57 mi15, Josephine Road, Huddersfield, West Yorkshire HD4 5UD3
£145K03/210.57 mi10, Perseverance Street, Cowlersley, Huddersfield, West Yorkshire HD4 5UG3
£125K05/210.58 mi38, William Street, Crosland Moor, Huddersfield, West Yorkshire HD4 5RT3

Local Rents

11 rents from £600/mo to £1.2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£90007/230.12 mi-3
£60008/240.48 mi-3
£92512/240.49 miFrederick Street, Huddersfield, West Yorkshire, HD43
£85012/240.49 mi-3
£80012/240.52 miFactory Lane, Huddersfield3
£79501/250.52 mi-3
£1,08512/240.52 miMallard Court, Huddersfield, HD43
£1,17504/240.52 miMallard Court, Huddersfield, HD43
£75007/240.54 mi-3
£75003/250.54 mi-3
£95012/240.6 miPickford Street, Huddersfield, West Yorkshire, HD33

Local Area Statistics

Population in HD4

30,170

Population in Huddersfield

200,145

Town centre distance

1.18 miles away

Nearest school

0.40 miles away

Nearest train station

0.92 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Price changed to £199,000

February 8, 2025

Price changed to £210,000

November 17, 2024

Listed for £220,000

October 7, 2024

Floor Plans

Description

  • 3 DOUBLE BEDROOMS +
  • DRIVEWAY & GARDENS TO THREE SIDES +
  • NO VENDOR CHAIN & VACANT POSSESSION +
  • REQUIRES PROGRAMME OF REFURBISHMENT +
  • 2 RECEPTION ROOMS +
  • 2 PIECE BATHROOM & SEPARATE WC +
  • CUL-DE-SAC LOCATION +

This deceptive semi-detached bungalow is offered for sale with NO VENDOR CHAIN & VACANT POSSESSION. Having uPVC double glazing, central heating (back boiler) and accommodation briefly comprising:- entrance hall, lounge, dining room, kitchen with pantry, 3 bedrooms (2 ground floor and 1 first floor), bathroom and separate WC. Enjoying a corner plot with lawned gardens to front, side and rear and driveway providing off road parking. The property does require a programme of modernisation and refurbishment, which has been reflected within the asking price and is situated within the established area of Crosland Moor, which is ideal for access to local amenities and Huddersfield town centre.
Energy Rating: E

Ground Floor: -

Entrance Hall - A uPVC entrance door gives access to the L shaped hallway. Having a central heating radiator and access to the attic room.

Lounge - 3.61m x 3.30m (11'10" x 10'10") - The lounge has wall light points, a tiled fireplace surround with gas fire, a central heating radiator and uPVC double glazed window.

Dining Room - 3.43m x 2.79m plus door recesses (11'3" x 9'2" plu - Having a gas fire, uPVC double glazed window and uPVC external side door.

Kitchen - 4.70m x 1.35m (15'5 x 4'5) - The kitchen has part tiled walls and a range of wall and base units with working surfaces over. There is a gas cooker point, stainless steel sink unit, space for a washing machine and fridge, as well as access to a pantry which has space for a freezer and has a uPVC double glazed window.

Bedroom 1 - 3.33m x 3.00m (10'11" x 9'10") - A double bedroom situated to the rear, having a central heating radiator and uPVC double glazed window.

Bedroom 2 - 3.20m x 2.36m (10'6" x 7'9") - Situated to the front of the property, having a central heating radiator and uPVC double glazed window.

Bathroom - The bathroom has part tiled walls and is fitted with a 2 piece suite comprising of a bath with shower attachment over and vanity sink with storage beneath. There is also a cylinder cupboard and uPVC double glazed window.

Separate Wc - Having part tiled walls, a WC and uPVC double glazed window.

First Floor: -

Attic Bedroom 3 - 5.11m max x 3.35m (16'9" max x 11'0") - Being accessed via a staircase from the hallway. This room has a uPVC double glazed window and access to the eaves.

Outside: - A gated driveway provides off road parking and there are lawns to front, side and rear. The front lawn has raised beds and privet hedging which provide privacy. The rear garden is a good size and houses a garden shed and greenhouse.

Boundaries & Ownerships: - The boundaries and ownerships have not been checked on the title deeds for any discrepancies or rights of way. All prospective purchasers should make their own enquiries before proceeding to exchange of contracts.

Directions: - Leave Huddersfield Manchester Road (A62), passing through the traffic lights at Longroyd Bridge. At the next set of traffic lights take the left fork into Blackmoorfoot Road and continue along this road up the hill and turn right onto Crosland Hill Road. Turn right onto Hob Lane where the property can be found on the right hand side.

Tenure: - Freehold. Please note the title has not yet been electronically registered, however the title deeds are held by the sellers solicitors and therefore first electronic registration will take place when a new sale completes on the property.

Council Tax Band: - B

Mortgages: - Bramleys have partnered up with a small selection of independent mortgage brokers who can search the full range of mortgage deals available and provide whole of the market advice, ensuring the best deal for you. YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.

Online Conveyancing Services: - Available through Bramleys in conjunction with leading local firms of solicitors. No sale no legal fee guarantee (except for the cost of searches on a purchase) and so much more efficient. Ask a member of staff for details.

Agent Details

Bramleys, Huddersfield

01484 627114

Next Steps?

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