2 Bed Flat, Single Let, Huddersfield, HD4 5AD, £85,000

The Ironworks, Birkhouse Lane, HD4 5AD - 1 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 9%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£45K - £295K
Sold Prices/m²£682/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£102,850
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£5,450

Total Cash In

£26,700

 

 

Cash Out

 

Rent Range

£550 - £996

Rent Estimate

£606

Running Costs/mo

£407

Cashflow/mo

£199

Cashflow/yr

£2,390

ROI

9%

Gross Yield

9%

Local Sold Prices

50 sold prices from £45K to £295K, average is £91.5K. £682/m² to £3.5K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£74K11/210.01 miApartment 23, The Ironworks, Birkhouse Lane, Paddock, Huddersfield, West Yorkshire HD4 5AD2
£71.5K02/220.02 miApartment 44, The Ironworks, Birkhouse Lane, Paddock, Huddersfield, West Yorkshire HD4 5AD2
£74K11/210.06 miApartment 23, The Ironworks, Birkhouse Lane, Paddock, Huddersfield, West Yorkshire HD4 5AD2
£77K03/210.36 mi15, Springwood Hall Close, Huddersfield, West Yorkshire HD1 4HH2
£63.5K07/230.47 mi192, Lockwood Road, Huddersfield, West Yorkshire HD1 3QR2
£86K02/230.55 mi7, Dingle Road, Huddersfield, West Yorkshire HD1 4HY2
£99.5K05/210.55 mi3, Dingle Road, Huddersfield, West Yorkshire HD1 4HY2
£75K09/230.66 mi58, Woodhead Road, Lockwood, Huddersfield, West Yorkshire HD4 6EP2
£120K04/240.75 mi127, Mountjoy Road, Huddersfield, West Yorkshire HD1 5QG2
£92K12/200.75 mi79, Mountjoy Road, Huddersfield, West Yorkshire HD1 5QG2
£107K10/220.76 mi129, Mountjoy Road, Huddersfield, West Yorkshire HD1 5QG2
£140K09/210.78 mi26, Vernon Avenue, Huddersfield, West Yorkshire HD1 5QD2
£147.5K12/220.78 mi42, Vernon Avenue, Huddersfield, West Yorkshire HD1 5QD2
£116.5K04/220.83 mi40, Stoney Lane, Taylor Hill, Huddersfield, West Yorkshire HD4 6HP2
£122.5K06/210.86 mi2, James Mason Court, Huddersfield, West Yorkshire HD1 4PX2
£70K12/210.99 mi668, Manchester Road, Huddersfield, West Yorkshire HD4 5SN2
£75K09/211.02 mi48, Whitegate Road, Huddersfield, West Yorkshire HD4 6NF2
£123K04/231.02 mi28, Reinwood Road, Huddersfield, West Yorkshire HD3 4DH2
£123.5K05/211.1 mi15, Bay Close, Huddersfield, West Yorkshire HD3 4DF2
£91K08/211.1 miApartment 31, Savile Court, Savile Street, Huddersfield, West Yorkshire HD3 4JT2
£105K03/231.1 miApartment 49, Savile Court, Savile Street, Huddersfield, West Yorkshire HD3 4JT2
£90K02/211.17 mi95, George Avenue, Huddersfield, West Yorkshire HD2 2BJ2
£80K04/231.18 mi742, Manchester Road, Huddersfield, West Yorkshire HD4 5SU2
£67.5K11/211.27 mi44, Dodds Royd, Huddersfield, West Yorkshire HD4 7LZ2
£97K10/211.27 mi5, Annie Smith Way, Birkby, Huddersfield, West Yorkshire HD2 2GB2
£90K09/221.27 mi29, Annie Smith Way, Birkby, Huddersfield, West Yorkshire HD2 2GB2
£77.2K05/211.29 mi1, Common Road, Huddersfield, West Yorkshire HD1 5EU2
£77.2K05/211.29 mi1, Common Road, Huddersfield, West Yorkshire HD1 5EU2
£295K05/211.3 mi42, Moor Park Avenue, Huddersfield, West Yorkshire HD4 7AL2
£88.5K01/241.32 mi1, Western Road, Huddersfield, West Yorkshire HD4 5TH2
£85K05/211.32 mi1a, Western Road, Huddersfield, West Yorkshire HD4 5TH2
£45K04/211.45 mi32, Redwing Crescent, Huddersfield, West Yorkshire HD3 4RL2
£120K04/211.49 mi76, Equilibrium, Lindley, Huddersfield, West Yorkshire HD3 3HL2
£109K06/211.49 mi56, Equilibrium, Lindley, Huddersfield, West Yorkshire HD3 3HL2
£46.2K11/221.49 mi9, Equilibrium, Lindley, Huddersfield, West Yorkshire HD3 3HL2
£170K09/221.49 mi47, Equilibrium, Lindley, Huddersfield, West Yorkshire HD3 3HL2
£230K12/201.49 mi53, Longley Road, Huddersfield, West Yorkshire HD5 8JN2
£197K12/221.5 mi16, Lakeside Court, Huddersfield, West Yorkshire HD3 3WQ2
£110K06/211.51 mi105a, Equilibrium, Lindley, Huddersfield, West Yorkshire HD3 3GE2
£112.5K03/231.51 mi115, Equilibrium, Lindley, Huddersfield, West Yorkshire HD3 3GE2
£148K09/211.55 mi21, Kirkwood Green, Huddersfield, West Yorkshire HD3 3WN2
£95K10/211.56 mi39, Spaines Road, Huddersfield, West Yorkshire HD2 2SD2
£200K02/231.59 mi30, Hall Lee Fold, Huddersfield, West Yorkshire HD3 3NX2
£54K06/211.59 mi8, Robin Hood Hill, Huddersfield, West Yorkshire HD4 7QP2
£70K09/211.59 mi6, Town Place, Huddersfield, West Yorkshire HD1 6PP2
£88.5K02/211.61 mi11a, Hill Top Road, Moldgreen, Huddersfield, West Yorkshire HD5 9LX2
£90K10/201.61 mi7a, Hill Top Road, Moldgreen, Huddersfield, West Yorkshire HD5 9LX2
£175K11/201.62 mi8, Church Tower View, Huddersfield, West Yorkshire HD3 3FX2
£190K11/221.64 mi8a, Lidget Street, Huddersfield, West Yorkshire HD3 3JB2
£57.5K03/231.67 mi99, Cowcliffe Hill Road, Huddersfield, West Yorkshire HD2 2PE2

Local Rents

32 rents from £550/mo to £996/mo, average is £675/mo.

RentDateDistanceAddressBeds 
£70012/240.06 miThe Ironworks, Birkhouse Lane, Paddock, Huddersfield, HD42
£65004/250.07 mi-2
£65012/240.23 mi-2
£55012/240.24 mi-2
£80004/250.25 mi-2
£65012/240.27 miLightcliffe Road, Crosland Moor2
£79511/240.3 mi-2
£72512/240.31 miBlackmoorfoot Road, HUDDERSFIELD2
£65012/240.32 miFenton Road, Huddersfield, HD12
£65012/240.32 mi-2
£67504/250.32 mi-2
£62502/240.41 miChurch Street, Paddock, Huddersfield, HD12
£67512/240.43 mi-2
£99612/230.43 miGreenhead Road, Gledholt, Huddersfield, HD12
£65003/240.45 mi-2
£69504/250.46 mi-2
£82512/240.47 mi-2
£79512/240.47 mi-2
£80012/240.48 mi-2
£80004/250.48 mi-2
£75012/240.5 miWater Street, The Lofts, HD12
£65003/250.51 mi-2
£74504/250.53 mi-2
£70004/240.54 miHawthorne Terrace, Huddersfield, HD42
£57512/240.56 miChapel Terrace, Crosland Moor, Huddersfield, HD42
£65003/250.56 mi-2
£89503/240.56 mi54 Gledholt Road, Huddersfield, HD1 4HR2
£65004/240.57 miBeech Street, Paddock, Huddersfield, West Yorkshire, HD12
£65012/240.57 miSunningdale Road, Crosland Moor2
£65003/240.58 miClough Lane, Huddersfield2
£67504/250.59 mi-2
£62512/240.59 miBlackmoorfoot Road, Crosland Moor2

Local Area Statistics

Population in HD4

30,170

Population in Huddersfield

200,145

Town centre distance

0.05 miles away

Nearest school

0.40 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £85,000

February 26, 2025

Floor Plans

Description

  • Lovely Lower Ground Floor Apartment +
  • New Carpets & Decor Throughout +
  • Vacant Possession & No Vendor Chain +
  • Service Charge - £1457.62PA +
  • Ground Rent - £150PA +
  • Electric Heating +
  • Gated Parking +
  • Spacious Garden +
  • Canal Side Views +
  • COUNCIL TAX BAND B £1734.70 +

PROPERTY DESCRIPTION Martin and Co Huddersfield are delighted to offer for sale this beautifully presented lower ground floor apartment. Boasting new decor and carpets throughout, a generous garden frontage with canal side views. Benefitting vacant possession and no vendor chain. The property also has parking in the gated car park.

The apartment block is entered through the secure communal door where a staircase leads to the lower ground floor and the apartment entrance door. This leads into the Hall which has a cupboard housing the hot water cylinder, a wall mounted electric panel heater and the intercom and alarm panels.

The Living Dining Kitchen extends the full length of the apartment and enjoys views onto the large garden and canal beyond via the French Doors. The Kitchen area is fitted with a range of Maple finish base and wall units with contrasting work surfaces over and a stainless steel sink unit with mixer tap. Integrated appliances include a newly installed dishwasher and washing machine, and original appliances including a four ring electric hob with cooker hood above, a built-in electric oven, fridge and freezer. The whole room is fitted with laminate flooring, a large wall mounted heater and recessed downlights to the ceiling.

The Master Bedroom has a fitted wardrobe, a window overlooking the garden and a door leading to the En-Suite. The En-Suite is fitted with a modern White three piece suite comprising a large shower enclosure, pedestal wash hand basin and a concealed cistern low level wc. Also having an electric towel rail and tiled flooring. The second bedroom is a generous single with a window overlooking the garden.

The House Bathroom/wc is fitted with a White three piece suite comprising a panelled bath with a mixer shower and glazed screen, pedestal wash hand basin and a concealed cistern low level wc. Also having tiled flooring.

AGENTS NOTE:
Service Charge (£PA) £1,457.62
Ground Rent (£PA) £150.00
125 year lease from 2004
NO PETS ALLOWED

This tastefully appointed apartment is presented in "turn key" condition. Early viewing is definitely recommended and this can be arranged through 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 💪