Studio flat · HX3 5BZ
Let agreedListed 38 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for let is this studio ground floor flat with off road parking. This accommodation is ideally suitable to a professional individual.
Internally comprising of lounge/kitchen/bedroom area, shower room and sizable cellar. Situated in the residential area of Lee Mount providing access to amenities and great commuter links.
Accommodation - This studio flat internally comprising of an open plan living area for use of lounge/kitchen/bedroom.
The kitchen facilities include a combination of units with electric oven, hob and extractor. A shower room with enclosed shower cubicle, electric shower, low flush WC and pedestal sink.
The accommodation also offers a sizable cellar with washing machine included. There is accessibility of off-road parking for one vehicle to the front of property.
Location - Situated within a popular residential area of Lee Mount convenient to local amenities of superstores, wellbeing facilities and greenery areas.
The location provides access to public transport and commuter links to Halifax town and the wider area.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 30 Melrose Street, Halifax. HX3 5BZ
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