1-bedroom flat · HX3 6TD
To rentListed 39 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the rental market at £550 pcm, this one-bedroom self-contained flat is located on the ground floor of an elevated converted mill building with only five flats-providing a peaceful yet well-connected living environment.
The property combines original features with modern updates and has large windows that allow natural light to enter, creating an open and airy atmosphere.
The recently installed kitchen includes a range of wall and base units, an integrated oven and hob, and a fridge freezer.
It opens into the living area, which has an electric flame-effect fire as a focal point-suitable for relaxation or socialising.
From the kitchen, a door leads to a compact sleeping area with a mezzanine-style double bed. This layout maximises floor space, offering walk-in storage beneath the sleeping platform.
The shower room is finished with a raised shower cubicle, modern toilet, and sink. Additional conveniences include a communal washing machine on the ground floor.
With bills included in the rent, except for electricity, this bright and compact flat offers convenient accommodation close to local amenities, work opportunities and transport links.
Due to the property's compact size and layout, prospective applicants should satisfy themselves that the accommodation is suitable for their household's needs and complies with any applicable occupancy and safety requirements Located within walking distance of local amenities and transport links, this flat provides easy access to necessary services.
This property offers a combination of modern living in a prime location. Early viewing is recommended. Rent: £550.00 pcm. Bond: £550.00.
Any payments required before move-in will be requested and handled in accordance with applicable tenancy, deposit protection and renters' rights act legislation.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 5a, Old Lane, Halifax
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