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Studio for sale

£57,995

5 Manchester Road, Huddersfield HD1

1 1
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Property description

Crane Court is located within close proximity of both the University of Huddersfield and Kirklees College, offering high specification student studio apartments to the town’s 48,000 students.

Investment Highlights
• 252 fully self-contained Studio apartments *limited availability left - near sold out*
• 9% net yield for 5 years
• 5% interest on deposited funds
• No Stamp Duty
• Fully furnished
• Complete Q3 2018
• 250 Year Lease

Why Invest in Purpose-built student accommodation?

With ever-increasing numbers of undergraduates, purpose-built student properties have become a mainstream global asset class which provides investors with a safe investment and minimal risk.

Purpose Built Student Accommodation, rather than converted premises, offers investors reliable earning potential. Even though the rental contracts are relatively short-lived, these properties are always in high demand and are currently still woefully under-supplied.
Market activity
Average price paid £122,528 Sales 196 Current average value £136,510 (Zoopla Zed-Index) Value change £8,496 ▲ 6.64%

Property value data/graphs for HD1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £254,907 £190 3.8 £178,281
Semi-detached £173,748 £167 3.4 £160,518
Terraced £107,075 £143 2.9 £106,773
Flats £141,595 £184 1.7 £104,736

Current asking prices in HD1

Average: £130,121
Avg. current asking prices in HD1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £71,389
(5)
£93,603
(15)
£153,076
(13)
£321,556
(8)
£393,750
(4)
Flats £80,494
(13)
£113,322
(9)
- - -
All £77,965
(18)
£100,998
(24)
£153,076
(13)
£321,556
(8)
£393,750
(4)

Current asking rents in HD1

Average: £854 pcm
Avg. current asking prices in HD1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £492 pcm
(20)
£525 pcm
(18)
£986 pcm
(14)
£1,143 pcm
(19)
£1,360 pcm
(17)
Flats £508 pcm
(123)
£875 pcm
(27)
£918 pcm
(8)
£1,449 pcm
(16)
£1,156 pcm
(7)
All £506 pcm
(143)
£735 pcm
(45)
£962 pcm
(22)
£1,283 pcm
(35)
£1,301 pcm
(24)

Fun facts for HD1

Highest value in HD1
Highest value streets Zed-Index
Edgerton Green £362,695
New North Road £320,969
Gledholt Road £288,022
Greenhead Road £286,055
Grasmere Road £270,053
Highest turnover in HD1
Highest turnover streets Turnover
Hops Drive 40.7%
Abbott Street 35.3%
Armytage Crescent 34.6%
New Street 28.0%
St. Johns Drive 27.8%

What Zoopla users think of Huddersfield

Overall rating:

  • currently 3.5 stars
Good - 71% (163 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Huddersfield:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Huddersfield (0.5 miles)
  • Lockwood (0.8 miles)
  • Berry Brow (1.4 miles)
  • Leeds Bradford International Airport (16.4 miles)
  • Manchester International Airport (28.3 miles)
  • Robin Hood Airport (34.1 miles)
  • Liverpool Belfast Ferry Terminal Bootle (52.0 miles)
  • Liverpool Pier Head Ferry Terminal (52.4 miles)
  • Liverpool Isle of Man & Dublin Terminal (52.5 miles)

Nearby schools

View all schools in Kirklees
  • Spring Grove Junior Infant and Nursery School (0.2 miles)
  • Mount Pleasant Primary School (0.6 miles)
  • Hillside Primary School (0.7 miles)
  • Shelley College (6.0 miles)
  • The Maltings College (8.1 miles)
  • Elliott Hudson College (12.0 miles)
  • Woodley School and College (0.7 miles)
  • Newsome High School (1.1 miles)
  • Castle Hill: A Specialist College for Communication and Interaction (1.1 miles)
Note: Distances are straight line measurements

Local info for Kirklees

About the neighbours in HD1

AskMe Q&A for Kirklees

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For more information about this property, please contact
Real Estate Worldwide, SS2 on +44 1702 787516 * (local rate)

Monthly running costs Beta

£379 Monthly total

Mortgage

Purchase price
Deposit (10%) 5,799
Repayment term 25
Interest rate 1.5
Your payment £208 /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 £19 Electricity £24 Estimated energy cost £43/mo

Similar properties could save up to £182

How Much Could I Save? 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

Kirklees

Estimated tax band A Council tax cost £107 /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 Real Estate Worldwide, and do not constitute property particulars. Please contact Real Estate Worldwide 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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