Huddersfield, HD8 8RQ | Investment Property for Sale | VES-HD8-001

3-bed end terrace tenanted buy-to-let property for sale earning £9,000 rent annually

£182,500

End-terrace House

VES-HD8-001

INITIAL INVESTMENT

£83,025

GROSS RENT / YIELD

£9,000 / 4.9%

NET RENT / YIELD

£6,913 / 3.8%

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The property

TENANCY

Tenanted

TENURE

Freehold

3 bedrooms

1 bathroom

1 reception room

TBC

Unfurnished

Three bedroom end terrace property, off road parking for two cars, landscaped gardens and views of Denby Dale. The property is ideally located close to Denby Dale village with all the amenities including shops, pubs, restaurants and well regarded primary and nursery.

Denby Dale train station is also a short distance away (0.2 miles) making it ideal to commute to neighbouring towns and cities including direct access to Sheffield and linking trains through to Leeds. The M1 motorway is also only a short distance away.

Property has been redecorated within the last 5 years

**This property is tenanted by a family - AST available on request. **

Tenancy

RENT

£9,000 p.a. / £750 pcm

TENANCY DEPOSIT

£850

TENANCY TYPE

AST

TENANCY AGREEMENT STARTED

8 months ago

TENANCY AGREEMENT ENDS

Periodic

Documents available on request, please contact for viewings or further questions.

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.

Financials

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Rental Income

GROSS RENT PER ANNUM

£9,000

Equivalent of £750 per calendar month (PCM).

GROSS RENTAL YIELD

4.9%

Gross rent per annum divided by the purchase price.

NET RENT PER ANNUM

£6,913

Gross rent per annum minus fully managed operating costs.

NET RENTAL YIELD

3.8%

Gross rent per annum minus fully managed operating costs divided by the purchase price.

FULLY MANAGED OPERATING COSTS

£2,087

The total estimated sum of expenses calculated annually assuming a fully managed service.

Click to understand assumptions.

Disclaimer

All financial information is provided as a guideline only, is based on estimates and assumptions and is subject to change. Buyers are advised to seek independent financial advice. Capital at risk.

About Huddersfield, West Yorkshire

Huddersfield is a large market town in West Yorkshire. It lies approximately 14 miles south-west of Leeds and 24 miles north-east of Manchester.

The town is well situated with easy access to the M1 and M62 motorways, connecting Huddersfield to London and Leeds (via the M1) as well as Liverpool and Hull via Manchester and Leeds (via the M62). The A62 is the town’s inner ring road which relieves traffic congestion in the town centre where a lot of roads are car free.

Huddersfield train station is operated by TransPennine Express and runs frequent services to Dewsbury, Leeds, Manchester, Darlington, Hull, Liverpool, Manchester Airport, Middlesbrough, Newcastle, Scarborough and York. There are no direct trains to London, with passengers having to change at Manchester Piccadilly, Leeds, Wakefield Westgate or Mirfield.

With over 1,600 listed buildings Huddersfield has a rich architectural heritage. Most notably the Victoria Tower on Castle Hill. Other nearby attractions include the Tolson Museum, Oakwell Hall and Country Park, Huddersfield Art Gallery, Colne Valley Museum and Bagshaw Museum in Batley.

Nature lovers can choose from a wide range of great outdoor places to head to. Some of those places are The South Pennines, Peak District National Park, National Trust Marsden Moor, Dewsbury Country Park, Transpennine Trail or Spen Valley Greenway, to name a few.

Huddersfield has 3 main shopping areas which are home to most high street favourites, Kingsgate, The Packhorse Precinct and The Piazza Centre. It also hosts a number of markets throughout the week where some of the best local and independent producers and artisans sell their wares.

There are a number of primary and secondary schools in Huddersfield as well as 2 sixth form colleges, Huddersfield New College and Greenhead College, a further education college, Kirklees College, and the University of Huddersfield, offering a variety of undergraduate and postgraduate courses.

The University of Huddersfield is the largest employer in town, but there are several other employers like Brook Motors Ltd, Cummins Turbo Technologies, Syngenta AG, Pennine Radio Ltd, Dual Seal Glass, Ellis Furniture, Mamas and Papas, as well as Andrew Jones Pies.

Bluehills Lane,

Lower Cumberworth,

Huddersfield,

West Yorkshire,

England,

HD8 8RQ

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Important Note

All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.

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