1-bedroom flat · HX1 5QJ
Listing removedReduced £13k (−24.5%) on 22 MayListed 425 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR THE ATTENTION OF FIRST TIME BUYERS & BUY TO LET INVESTORS A THIRD FLOOR one double bedroom corner apartment, a short walk to the train station and many shops in the town centre.
Potential rent £575 pcm for buy to let landlords. This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd) If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the prop Enhanced with upvc double glazing, electric heating, inter com, lift and comprises; hall, living room / modern kitchen with integral cooker, double bedroom, modern bathroom with shower VIEWING HIGHLY RECOMMENDED !!
Entrance Hall Living Room / kitchen Modern units with dark grey work surface and splashbacks, inset stainless steel sink unit with mixer taps, Zanussi integral oven, 4 ring electric hob, extractor hood, washing machine, fridge freezer.
3 upvc double glazed windows, electric wall heater, ceiling spotlights. Storge cupboard housing the hot water cylinder. Sofa, table and chairs, coffee table, tv stand.
Double Bedroom Upvc double glazed window, electric wall heater. Double bed, wardrobe, bedside table.
Bathroom 3 piece modern white suite; panelled bath with screen and mixer style shower, pedestal wash basin, low flush wc, extractor fan, heated towel rail.
Leasehold Service charge and water usage for 2025 is £1433.58 for the year. Ground rent £296.73 for 2025.
Value & comps
No previous sales on record.
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 asking
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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 Martins Mill, Pellon Lane, Halifax, HX1
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