Modern Method of Auction
Auction date not yet published
5-bedroom house · HD1 4BL
For saleReduced £10k (−4%) on 20 SepListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Guide Price & Starting Bid £250,000 attention investors!
- A fantastic 5 Bedroomed Victorian End Terrace, which was previously used as a 7 bedroom HMO and has scope to be turned into an 8 bedroom property - has to be viewed to appreciate the size & scope!
This House set in a Cul De Sac location feels very large due to its high ceilings and decent square footage in its Room sizes - set over 4 floors and really must be viewed to be appreciated.
The Property has recently had its decor refreshed and has huge potential and could easily become 7 Bed HMO, with scope to turn it into an 8 Bedroom HMO if the appropriate regulatory works were undertaken, bringing in a fantastic percentage yield of double figures for an investor, or to make an absolutely wonderful home for a larger family.
The location of this property is ideally placed for commuters to either Manchester or Leeds due to its local transport links and is close to a very good school and all local amenities you could possibly ask for, including shops, eateries and places of worship.
Based over 4 floors, the property briefly comprises: Basement: Entry via Hallway downstairs to Large Basement Room with Window, with adjacent partitioned room to potentially convert into a bathroom; ground floor: Entrance Hallway, With 2 Reception Rooms to the front & rear, Kitchen with door to exit to rear yard/patio area; first floor: Landing with Skylight, 2 Large Double Bedrooms, 1 Single Bedroom, Family Bathroom comprising Bath, Basin & WC; second floor : Hallway with Skylight, 2 Double Bedrooms with Velux Skylights, Separate Bathroom with Quadrant Shower, Basin & WC; outside: Rear Yard with easy to maintain flooring, which leads out to a private Communal Lawned Area.
To the front, there is Permit Parking Allocated for the property. Call us to arrange a viewing - Our lines are open 24 hours a day, 7 days a week!
Auctioneers Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers’ obligations and sellers’ commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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 35, Water Street, Huddersfield
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