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1 bed flat for sale

£65,000 From

King Cross Street, Halifax HX1

1
Interested in this property? Call +44 1422 298996 * or

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Property features

  • Show flat available
  • Contemporary apartments
  • 1 bedroom
  • Historic building
  • Town centre location
  • Excellent rental yield 8% plus
  • Superior specification

Property description

*** open day 14th October *** investors! Fabulous contemporary 1 bedroom apartments coming soon to Halifax town centre. This landmark building, formerly the Halifax Courier premises, is undergoing a £41m refurbishment to create over 60 new homes, ideal for letting out, or for those who wish to live close to all amenities in the town centre. Please contact the agent to view the show apartment.
Exciting opportunity
Buy into this fantastic investment opportunity now and buy into a piece of Halifax history. Excellent gross yield of around 8% from this £41m refurbishment due for completion end 2017 by this reputable developer with a proven track record. One bedroom contemporary apartments including white goods. Conveniently situated on the edge of this bustling town centre. Show flat available.

Development
This exciting development is being carried out by Fitzwilliam Capital Partners, based in Manchester and is due to complete at the end of 2017 ready for occupation. It is made up of over 60 individual apartments over 5 floors with 2 lifts.

Specification
Each apartment will be finished to a high standard with 6 panelled colonial doors, chrome ironmongery, Greenwich Range Oak or gloss finish kitchen units with integrated oven, hob and extractor. Apartments will come with blinds already fitted, triple glazed windows with a 10 year guarantee and an Efficient Rointe electric heating system. White goods will also be included.

Rental potential
These apartments will be ideal for workers in the town centre and also for commuters to other towns and cities as the railway station is within walking distance, with links to Leeds, Manchester and beyond. Rental income is expected to be from around 8% gross - with rents between £450 for the smaller units to £550 for the larger ones. On site property management for landlords, if required.

Tenure
Leasehold
Ground Rent £250 per annum (increase in line with inflation after year 5).
Service Charges £550 approx. Per annum.
Term = 125 year lease.

Incentives
Contribution towards legal fees and guaranteed rent for 1 year.


Property info

Market activity
Average price paid £106,753 Sales 201 Current average value £107,853 (Zoopla Zed-Index) Value change £309 ▲ 0.29%

Property value data/graphs for HX1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £269,379 £177 4.1 £229,218
Semi-detached £162,230 £165 3.5 £150,275
Terraced £86,542 £130 3.0 £81,785
Flats £120,394 £165 1.8 £111,065

Current asking prices in HX1

Average: £112,084
Avg. current asking prices in HX1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £79,000
(1)
£73,545
(30)
£107,316
(34)
£139,155
(9)
£261,990
(5)
Flats £74,590
(21)
£109,092
(20)
- - -
All £74,791
(22)
£87,764
(50)
£107,316
(34)
£139,155
(9)
£261,990
(5)

Current asking rents in HX1

Average: £441 pcm
Avg. current asking prices in HX1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £399 pcm
(1)
£433 pcm
(11)
£496 pcm
(11)
- £195 pcm
(1)
Flats £401 pcm
(29)
£502 pcm
(20)
£581 pcm
(3)
- -
All £401 pcm
(30)
£477 pcm
(31)
£514 pcm
(14)
- £195 pcm
(1)

Fun facts for HX1

Highest value in HX1
Highest value streets Zed-Index
Savile Road £325,871
Savile Park £314,807
Rothwell Road £306,379
Charnock Close £269,862
Heath Lea £263,950
Highest turnover in HX1
Highest turnover streets Turnover
Oxford Road 55.9%
Savile Parade 48.5%
Emscote Gardens 38.9%
Heath Park Avenue 38.1%
Savile Drive 37.5%

What Zoopla users think of Halifax

Overall rating:

  • currently 4 stars
Very good - 76% (113 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Halifax:

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Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Halifax (0.5 miles)
  • Sowerby Bridge (1.9 miles)
  • Brighouse (3.9 miles)
  • Leeds Bradford International Airport (13.1 miles)
  • Manchester International Airport (30.5 miles)
  • Robin Hood Airport (39.3 miles)
  • Heysham Ferry Terminal (47.8 miles)
  • Knott End-On-Sea Ferry Landing (48.4 miles)
  • Fleetwood for Knott End Ferry Landing (48.7 miles)

Nearby schools

View all schools in Calderdale
  • St Mary's Catholic Primary School (0.2 miles)
  • Beech Hill School (0.4 miles)
  • St Augustine's CofE VA Junior and Infant School (0.5 miles)
  • Calderdale College (0.4 miles)
  • The Maltings College (1.8 miles)
  • Huddersfield New College (4.8 miles)
  • The Crossley Heath School (0.8 miles)
  • Stafford Hall School (1.0 mile)
  • The Halifax Academy (1.1 miles)
Note: Distances are straight line measurements

Local info for Calderdale

About the neighbours in HX1

AskMe Q&A for Calderdale

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For more information about this property, please contact
Hunters - Halifax, HX1 on +44 1422 298996 * (local rate)

Monthly running costs Beta

£405 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,500
Repayment term 25
Interest rate 1.5
Your payment £233 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy

Gas £21 Electricity £24 Estimated energy cost £45/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6500 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Calderdale

Estimated tax band A Council tax cost £106 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £9 Sewerage £12 Estimated water cost £21 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hunters - Halifax, and do not constitute property particulars. Please contact Hunters - Halifax for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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