3 Bed Terraced House, Refurb/BRRR, Huddersfield, HD3 3YW, £200,000

New Hey Road, Outlane, Huddersfield, HD3 3YW - 2 views - 2 months ago

Refurb/BRRR
~93 m²
+24 photos

ValuationUndervalued

Sold Prices£139.1K - £525K
Sold Prices/m²£2.1K/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£206,000
BMV3%

 

 

End Value (After Refurb)

£229,225

Uplift in Value

+15%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£39,428

Bridging Loan Interest

£5,250

Total Cash In

£109,128

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£229,225

Mortgage (After Refinance)

£171,919

Mortgage LTV

75%

Cash Released

£21,919

Cash Left In

£87,209

Equity

£57,306

Rent Range

£550 - £1,950

Rent Estimate

£840

Running Costs/mo

£904

Cashflow/mo

£-64

Cashflow/yr

£-772

Gross Yield

5%

Local Sold Prices

31 sold prices from £139.1K to £525K, average is £232K. £2.1K/m² to £4.1K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£202.5K02/210 mi798, New Hey Road, Outlane, Huddersfield, West Yorkshire HD3 3YW3
£147K12/200 mi790, New Hey Road, Outlane, Huddersfield, West Yorkshire HD3 3YW3
£210K01/210.13 mi18, Burcote Drive, Outlane, Huddersfield, West Yorkshire HD3 3FY3
£350K09/220.17 mi727, New Hey Road, Outlane, Huddersfield, West Yorkshire HD3 3YL3
£157.5K11/200.28 mi17, Gosport Lane, Outlane, Huddersfield, West Yorkshire HD3 3FD3
£215K04/210.32 mi734, New Hey Road, Huddersfield, West Yorkshire HD3 3YQ3
£300K03/230.53 mi18, Sowood Green, Sowood, Halifax, West Yorkshire HX4 9JJ3
£270K01/210.53 mi38, Mayfair Avenue, Sowood, Halifax, West Yorkshire HX4 9JH3
£139.1K02/210.62 mi21, Slack Lane, Outlane, Huddersfield, West Yorkshire HD3 3FQ3
£165K06/210.64 mi2, Lee Green, Holywell Green, Halifax, West Yorkshire HX4 9DG3
£525K11/220.66 mi1 - 3, Sandbed, Holywell Green, Halifax, West Yorkshire HX4 9JA3
£227.5K03/210.69 mi31, Mount Avenue, Huddersfield, West Yorkshire HD3 3XS3
£292K02/210.7 mi8, Roman Avenue, Huddersfield, West Yorkshire HD3 3XP3
£265K03/230.7 mi22, Roman Avenue, Huddersfield, West Yorkshire HD3 3XP3
£222.5K11/200.74 mi10, Nettleton Hill, Golcar, Huddersfield, West Yorkshire HD7 4NZ3
£230K10/220.8 mi3, Adelaide Terrace, Holywell Green, Halifax, West Yorkshire HX4 9HS3
£215K09/210.82 mi17, Marcus Way, Huddersfield, West Yorkshire HD3 3YA3
£248.5K06/210.82 mi16, Marcus Way, Huddersfield, West Yorkshire HD3 3YA3
£205K03/210.91 mi5, School Road, Golcar, Huddersfield, West Yorkshire HD7 4NU3
£310K11/220.91 mi29, Shannon Drive, Outlane, Huddersfield, West Yorkshire HD3 3UL3
£210K04/210.91 mi4, Adelaide Terrace, Holywell Green, Halifax, West Yorkshire HX4 9HS3
£225K08/210.93 mi47, Moorlands Crescent, Huddersfield, West Yorkshire HD3 3UF3
£185K02/210.93 mi23, Moorlands Crescent, Huddersfield, West Yorkshire HD3 3UF3
£250K12/220.94 mi1, Chapel Street, Scapegoat Hill, Huddersfield, West Yorkshire HD7 4NX3
£232K05/210.96 mi57a, High Street, Golcar, Huddersfield, West Yorkshire HD7 4NJ3
£385K06/230.96 mi63, High Street, Golcar, Huddersfield, West Yorkshire HD7 4NJ3
£330K01/230.96 mi27a, High Street, Golcar, Huddersfield, West Yorkshire HD7 4NJ3
£235K01/210.96 mi12b, High Street, Golcar, Huddersfield, West Yorkshire HD7 4NJ3
£332.5K12/230.96 mi42, High Street, Golcar, Huddersfield, West Yorkshire HD7 4NJ3
£270K11/220.97 mi6a, High Street, Golcar, Huddersfield, West Yorkshire HD7 4NJ3
£331K06/211 mi176, Lindley Moor Road, Huddersfield, West Yorkshire HD3 3UE3

Local Rents

51 rents from £550/mo to £1.9K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£95001/250.15 mi-3
£62504/240.16 miNew Hey Road, Huddersfield, West Yorkshire, UK, HD31
£55003/250.18 mi-1
£59505/240.6 miMoor Hey Lane, Sowood1
£75011/230.68 mi-2
£75012/240.68 mi-2
£77512/240.68 miMoorlands Edge, Huddersfield, HD32
£87504/240.78 miMarsden Gate, Stainland, Halifax3
£60012/240.81 miMoorlands Road, Huddersfield2
£1,45003/240.88 miStainland Road, STAINLAND3
£95005/241.02 miBack Bowling Green Road, STAINLAND3
£99505/241.04 miStainland Road, Stainland2
£1,95004/251.06 mi-2
£95005/241.07 miCentral Buildings, Halifax3
£75002/251.1 mi-3
£57505/241.12 mi25 Fall Spring Gardens, Stainland, Halifax, HX4 9PA1
£55004/241.18 miStation Road,Holywell Green, Halifax2
£65005/241.21 miShaw Street, Holywell Green, Halifax2
£65005/241.21 miShaw Street, Holywell Green, Halifax2
£89511/241.27 mi-2
£80005/241.27 mi-2
£65005/241.3 miLeymoor Road, Golcar, Huddersfield, HD72
£65012/241.3 miLeymoor Road, Golcar, Huddersfield, HD72
£1,50006/241.3 mi-4
£87504/241.31 miThorpe Green Drive, Golcar, Huddersfield, West Yorkshire, HD73
£80012/241.32 miParkland Avenue, Longwood, Huddersfield, West Yorkshire, HD33
£65004/241.34 miQuarry Bank Mill, Longwood1
£59509/241.34 mi-1
£65004/251.34 mi-1
£62504/251.34 mi-1
£69502/241.35 mi-1
£67512/241.36 miQuarry Bank Mill, Longwood1
£99503/251.36 mi-3
£85004/251.36 mi-3
£92504/241.38 miLower Bank Houses Beestonley Lane, Holywell Green, Halifax, West Yorkshire, HX42
£85012/241.42 miLongwood Gate, Longwood3
£60009/241.42 mi-1
£1,39507/241.43 mi-4
£85004/241.44 miTown End, Golcar, Huddersfield, West Yorkshire, HD73
£62501/251.44 mi-1
£90001/251.52 mi-3
£99504/241.53 miBolster Moor Road, Huddersfield3
£67501/251.53 mi-2
£85004/251.54 mi-1
£90002/251.54 mi-1
£60004/241.62 mi-3
£85012/241.62 mi-3
£67504/241.62 miHandel Street, Golcar, HUDDERSFIELD2
£1,10004/241.63 mi-3
£75005/241.66 miBrook Lane, Golcar, HUDDERSFIELD2
£67502/251.66 mi-2

Local Area Statistics

Population in HD3

29,493

Population in Huddersfield

200,145

Town centre distance

3.23 miles away

Nearest school

0.80 miles away

Nearest train station

2.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £200,000

February 26, 2025

Floor Plans

Description

This is a double fronted three bedroomed grade II listed cottage which enjoys a open-rear aspect and is located in this popular area. It would be perfect as a commuting base and has plenty of character and whilst requiring a programme of modernisation and re-designing offer's buyer's excellent potential and opportunity to re-design the home to their requirements.

The accommodation is arranged on two floor's and comprises and entrance porch, kitchen area which adjoins a dining/sitting room. This could be re-designed to create a larger open plan living space. Rear doors lead into the rear conservatory. The large living room is particularly characterful in nature with exposed stonework, fireplace, beams and window seat. To the first floor are the three bedrooms and bathroom. The property has off-road parking and enclosed rear garden.

Entrance Porch - An external uPVC door with the upper portion having decorative opaque panels gives access to the entrance porch. This has uPVC windows on either side and has a tiled floor with a timber and decorative leathered glazed door opens into the inner lobby. There is a continuation of the tiled flooring. At the end of the lobby there is a door which opens into the dining/sitting room. On the left hand side is the kitchen.

Kitchen - This is positioned to the front of the cottage. It has base units with tiled worktops, a stainless steel sink with a single drainer. There is space for a freestanding gas cooker. Beneath the worktops there is space for further appliances such as a fridge or freezer. There are uPVC glazed windows with exposed to stone mullions. The tiled worktops also extend into the dining/sitting room to create a breakfast bar and there's also folding wood shutters which can be used to create a separate kitchen or can be left open to enhance the open plan dining kitchen feel.

Dining/Sitting Room - This is a multi purpose room, particularly characterful nature with some superb beams and timbers to the ceiling. To the chimney breast there is a raised coal effect gas fire with low level display plinths on either side ideal for the tv. In the far corner there is an open tread staircase rising up to the first floor accommodation. At the far end are opening twin timber and glazed doors through to the conservatory.

Conservatory - A room of good size, it has uPVC glazing and an external uPVC glazed door out into the garden. It enjoys a superb view across the valley and has floor tiling.

Living Room - This room runs from the front to the back of the property and is a particularly characterful room. There are many features of particular note including the superb beamed ceiling and floor to ceiling stone fireplace with raised half and coal effect living flame gas fire on either side of this there is the stone display plinths, exposed stone walling and a window seat with wonderful exposed stonework and stone mullions. There's uPVC windows to the front elevation and a rear door with matching side screens out to the garden. There are various wall light points and the room can accommodate plenty of furniture. From the dining/sitting room, the staircase rises to the first floor accommodation.

Bedroom One - This is a large double sized room which runs from front to the back of the cottage. This room is light and bright and has a bank of uPVC windows at the front elevation with exposed stone mullions. To the rear there are twin double glazed windows which enjoy a superb view out to the adjoining farmland and across the valley. The room similar to the living room beneath is particularly characterful it has: one wall of exposed stonework, which incorporates timbers and there's a built in furniture with wardrobes, drawers and high level storage cupboards. There is plenty of space for further freestanding furniture and there are wall light points and a gas wall heater.

Bedroom Two - Positioned to the front of the property and like bedroom one has a bank of uPVC windows with a series of stone mullions and deep windowsill. There is plenty of space for furniture with a wall mounted electric heater.

Bedroom Three - This is a single sized room but can also be utilised as a home office/study. Positioned to the rear of the property, it has built in storage and double wardrobe with a hanging rail and cupboards above. Being positioned to the rear of the property there is a uPVC windows which enjoys superb long distance open views.

Bathroom - Fitted with a three-piece suite with a timber panelled bath, pedestal hand wash basin and a low level WC. There is tiling to the walls and floor coving and a side double glazed window.

External Details - Immediately in front of the property there is a garden area with shrubs and a paved section, perfect for tubs, pots and planters. To the left hand side is a concreted off road parking area. The garden to the rear is enclosed by perimeter fencing. It enjoys an open aspect with some wonderful views. There is a paved seating area which can be accessed from the door within the conservatory as well as the rear door from the living room. There is then a raised garden with borders and gravel.

Tenure - The vendor has informed us that the property is Freehold.

Agent Details

Martin Thornton Estates Agents, Huddersfield

01484 627865

Next Steps?

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