2 Bed Terraced House, Refurb/BRRR, Huddersfield, HD3 4JW, £150,000

Armitage Road, Milnsbridge, Huddersfield, HD3 4JW - 4 months ago

Refurb/BRRR
ROI: 1%
~81 m²
+11 photos

ValuationOvervalued

Sold Prices£64K - £197K
Sold Prices/m²£827/m² - £2.7K/m²

 

 

Square Metres

~81.16 m²
Price/m²£1.8K/m²

Value Estimate

£122,337

 

 

End Value (After Refurb)

£148,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£9,200

Refurb Costs

£34,409

Bridging Loan Interest

£3,938

Total Cash In

£86,796

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£148,500

Mortgage (After Refinance)

£111,375

Mortgage LTV

75%

Cash Left In

£86,796

Equity

£37,125

Rent Range

£540 - £850

Rent Estimate

£669

Running Costs/mo

£618

Cashflow/mo

£51

Cashflow/yr

£614

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £64K to £197K, average is £110K. £827/m² to £2.7K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£83.5K10/200.07 mi128, Armitage Road, Milnsbridge, Huddersfield, West Yorkshire HD3 4JR2
£140K12/220.08 mi54, Armitage Road, Milnsbridge, Huddersfield, West Yorkshire HD3 4JN2
£84K05/210.1 mi19, Dowker Street, Huddersfield, West Yorkshire HD3 4JU2
£103K09/210.1 mi23, Armitage Road, Milnsbridge, Huddersfield, West Yorkshire HD3 4JN2
£119.5K01/210.12 mi146, Armitage Road, Milnsbridge, Huddersfield, West Yorkshire HD3 4JY2
£140K08/210.13 mi10, Cross Firs Street, Huddersfield, West Yorkshire HD3 4EN2
£87K04/230.16 mi197, Longwood Road, Huddersfield, West Yorkshire HD3 4EH2
£65K07/210.2 mi166, Lowergate, Huddersfield, West Yorkshire HD3 4EP2
£65K07/210.2 mi166, Lowergate, Huddersfield, West Yorkshire HD3 4EP2
£120K02/210.2 mi104, Lowergate, Huddersfield, West Yorkshire HD3 4EP2
£176K05/230.22 mi59, Cliffe End Road, Huddersfield, West Yorkshire HD3 4FG2
£107.5K04/210.23 mi73, Quarmby Road, Huddersfield, West Yorkshire HD3 4EA2
£140K03/230.23 mi109, Quarmby Road, Huddersfield, West Yorkshire HD3 4EA2
£106.5K05/210.24 mi118, Victory Avenue, Huddersfield, West Yorkshire HD3 4HF2
£112K01/210.24 mi115, Victory Avenue, Huddersfield, West Yorkshire HD3 4HF2
£124.5K04/210.25 mi11, Royds Avenue, Paddock, Huddersfield, West Yorkshire HD3 4HB2
£83K04/210.26 mi81, Bankwell Road, Huddersfield, West Yorkshire HD3 4LU2
£115.8K02/230.28 mi14, Radcliffe Road, Huddersfield, West Yorkshire HD3 4LX2
£126K05/210.31 mi34, Longwood Road, Huddersfield, West Yorkshire HD3 4EZ2
£90K05/210.33 mi37, Longwood Road, Huddersfield, West Yorkshire HD3 4EU2
£130K04/230.34 mi30, Birks Road, Longwood, Huddersfield, West Yorkshire HD3 4TD2
£110K03/210.35 mi163, Radcliffe Road, Huddersfield, West Yorkshire HD3 4LL2
£100K02/210.36 mi27, Britannia Road, Huddersfield, West Yorkshire HD3 4QQ2
£127.5K07/230.37 mi753, Manchester Road, Huddersfield, West Yorkshire HD4 5SW2
£110K07/210.37 mi789, Manchester Road, Huddersfield, West Yorkshire HD4 5SW2
£100K10/220.39 mi809, Manchester Road, Huddersfield, West Yorkshire HD4 5SW2
£112K04/210.39 mi10, Thornhill Road, Longwood, Huddersfield, West Yorkshire HD3 4UL2
£64K10/230.4 mi764, Manchester Road, Huddersfield, West Yorkshire HD4 5SU2
£139.9K11/200.4 mi4, Park Road, Cowlersley, Huddersfield, West Yorkshire HD4 5SS2
£122K05/210.42 mi35, Clough Lane, Paddock, Huddersfield, West Yorkshire HD1 4UW2
£125K05/230.44 mi3, Crown Green, Huddersfield, West Yorkshire HD4 5TR2
£95K06/230.44 mi9, Barlbrough Place, Huddersfield, West Yorkshire HD3 4PR2
£93K05/230.45 mi64, Park Road West, Huddersfield, West Yorkshire HD4 5BN2
£81K05/230.45 mi7, Woodside Cottages, Milnsbridge, Huddersfield, West Yorkshire HD3 4PP2
£110K08/210.45 mi83, Beech Street, Huddersfield, West Yorkshire HD1 4JS2
£110K08/210.45 mi83, Beech Street, Huddersfield, West Yorkshire HD1 4JS2
£109K09/230.46 mi8, Bowling Street, Cowlersley, Huddersfield, West Yorkshire HD4 5TF2
£89.2K02/230.46 mi2, Casson Street, Huddersfield, West Yorkshire HD4 5TE2
£140K01/240.47 mi43, William Street, Crosland Moor, Huddersfield, West Yorkshire HD4 5RT2
£111K06/210.48 mi86, Gramfield Road, Huddersfield, West Yorkshire HD4 5QD2
£154K04/210.48 mi48, Gramfield Road, Huddersfield, West Yorkshire HD4 5QD2
£92.5K02/210.48 mi22, Church Street, Longwood, Huddersfield, West Yorkshire HD3 4SY2
£111K06/210.48 mi86, Gramfield Road, Huddersfield, West Yorkshire HD4 5QD2
£100K09/230.49 mi4, Mount Street, Cowlersley, Huddersfield, West Yorkshire HD4 5TD2
£100K11/200.49 mi12, Mount Street, Cowlersley, Huddersfield, West Yorkshire HD4 5TD2
£125K04/230.49 mi234, Quarmby Road, Huddersfield, West Yorkshire HD3 4FA2
£92K01/230.5 mi12, North Street, Paddock, Huddersfield, West Yorkshire HD1 4JR2
£197K10/200.5 mi105, Reinwood Road, Huddersfield, West Yorkshire HD3 4DW2
£69.5K10/200.5 mi59, Park Road West, Huddersfield, West Yorkshire HD4 5BL2
£95K05/210.51 mi18, Frederick Street, Huddersfield, West Yorkshire HD4 5QZ2

Local Rents

30 rents from £540/mo to £850/mo, average is £663/mo.

RentDateDistanceAddressBeds 
£70012/230.14 mi-2
£54012/230.27 mi-2
£69502/240.28 mi-2
£62510/230.31 mi-2
£67512/240.32 mi-2
£69502/240.33 mi-2
£69502/240.33 mi-2
£69510/240.33 mi-2
£69504/250.35 mi-2
£65007/230.35 mi-2
£62512/240.37 miQuarmby Road, Quarmby, Huddersfield, HD32
£62510/230.37 mi-2
£85004/240.39 mi-2
£65012/240.41 mi-2
£67504/240.42 miQuarmby Road, Quarmby, Huddersfield2
£65003/240.42 miClough Lane, Huddersfield2
£67504/250.45 mi-2
£75002/250.45 mi-2
£65004/240.46 miBeech Street, Paddock, Huddersfield, West Yorkshire, HD12
£65002/240.48 mi-2
£59510/230.49 mi-2
£62012/240.49 mi-2
£68011/240.51 mi-2
£75003/250.51 mi-2
£65003/250.51 mi-2
£65003/250.54 mi-2
£70004/240.54 miHawthorne Terrace, Huddersfield, HD42
£62512/240.57 miBlackmoorfoot Road, Crosland Moor2
£76512/240.58 miSunny Bank View, Longwood2
£62502/240.59 miChurch Street, Paddock, Huddersfield, HD12

Local Area Statistics

Population in HD3

29,493

Population in Huddersfield

200,145

Town centre distance

0.99 miles away

Nearest school

0.30 miles away

Nearest train station

1.04 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £150,000

February 28, 2025

Listed for £175,000

December 23, 2024

Floor Plans

Description

  • 2 Bedrooms +
  • Garden +
  • On Street Parking +
  • Spacious Floorplan +
  • Great location +
  • Amazing views +

New to the market with Whitegates Huddersfield, Holmfirth and Brighouse this Two-Bedroom Mid-Terraced house.

In need of cosmetic renovation, this Two-Bedroom terraced house is situated in a popular town setting, offering a great potential for transformation into a family home.

The property comprises a spacious interior with a living room, kitchen, dining room, bathroom and two bedrooms awaiting your creative touch. Outside to the rear, a garden and patio area present an opportunity to enjoy the views into the valley. Convenient on-street parking new to the property in a quiet area.

This property has the potential to become a modern home within walking distance to schools and amenities, with spacious floor plan and a unique charm throughout.

An internal inspection is highly recommended.

A fantastic opportunity to transform this two-bedroom mid-terraced house in a sought-after location. This property is in need of upgrading and offers a blank canvas for those looking to create their dream home.

With on-street parking and a private garden area to the top and shared access to the bottom, there is ample potential to enhance and personalise this space to your own taste.

The property, although requiring some renovation, is filled with natural light and offers a spacious floor plan over three floors. Situated in a convenient location, this home presents an exciting renovation project for those with a creative vision.

Internally the property comprises; Entrance Hall, Landing, Lounge, Kitchen, Dining Room, Second Bedroom, Main Bedroom and Bathroom.

The main lounge overlooks the back of the property benefitting from views into the valley. The property over three floors emphasises a lot of character and has more space internally than what it seems externally. We highly recommended to view this property to see the real potential in person.

Agent Details

Whitegates, Huddersfield, Brighouse & Holmfirth

01484 627311

Next Steps?

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