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1 bed flat for sale

£79,950 (£182/sq. ft) From

Pellon Lane, Halifax HX1

1 1 1 440 sq. ft*
Interested in this property? Call +44 1865 680414 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Double glazing
  • Yields of up to 7.3%, insured for 12 months
  • Award-winning developer with a strong track record
  • Fully managed by a local agency
  • Walking distance to station and all local amenities
  • Spacious, sleek design and airy living space
  • 10 year NHBC
  • Prices in Halifax are up 21.4% in the last five years

Property description

Just a few minutes' walk from the shops, bars and restaurants of Halifax town centre, Martins Mill has been designed specifically to cater to Halifax's growing professional population, including the steady influx of contract workers employed by Lloyds Banking Group at the nearby Halifax head office.

Prices start from just £79,950, providing exceptional value compared to similar properties in the local area. 75% ltv is available on this investment (subject to status), allowing buyers to invest from just £15,990. The majority of apartments enjoy spectacular views of the rolling hills of the Shibden Valley.

The apartments are fully managed by an existing local management company, with a gross yield of up to 7.3% - insured for 12 months. Construction is being undertaken by award-winning developers, Mandale, with completion expected Autumn 2018.

The Daily Mail has heralded Halifax as being 'back in business and The Yorkshire Post recently coined 'the Piece Hall effect' with local agents noting 'investors tempted by the prospect of high rental yields'.

Medium-sized regional towns only have a chance every 75 years to do the kind of thing that Halifax is attempting. What has already been achieved is undeniably impressive, but all stakeholders - including residents, councillors, local businesses, and private investors – are committed to taking it further still.

A combination of fortunate timing, dedicated local players, hard graft, and the unlimited potential of the town’s historical assets has brought a range of integrated redevelopment schemes forward in recent years.

Halifax is a town that blends the old with the new and this is exactly what is Martins Mill will reflect: Modern living in historic surroundings.

Property info

Market activity
Average price paid £109,262 Sales 222 Current average value £105,933 (Zoopla Zed-Index) Value change £697 ▲ 0.66%

Property value data/graphs for HX1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £266,559 £174 4.1 £255,954
Semi-detached £159,538 £155 3.5 £152,281
Terraced £85,108 £126 3.0 £88,176
Flats £116,910 £164 1.8 £109,959

Current asking prices in HX1

Average: £128,746
Avg. current asking prices in HX1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £75,000
(1)
£70,407
(34)
£105,106
(23)
£143,250
(10)
£194,667
(3)
Flats £70,527
(26)
£101,861
(23)
£175,000
(1)
- -
All £70,693
(27)
£83,099
(57)
£108,018
(24)
£143,250
(10)
£194,667
(3)

Current asking rents in HX1

Average: £443 pcm
Avg. current asking prices in HX1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £424 pcm
(4)
£410 pcm
(14)
£453 pcm
(4)
- -
Flats £458 pcm
(32)
£487 pcm
(17)
£576 pcm
(1)
- -
All £454 pcm
(36)
£452 pcm
(31)
£477 pcm
(5)
- -

Fun facts for HX1

Highest value in HX1
Highest value streets Zed-Index
Savile Road £331,893
Savile Park £307,767
Rothwell Road £292,047
Charnock Close £265,882
Heath Lea £261,554
Highest turnover in HX1
Highest turnover streets Turnover
Oxford Road 61.0%
Savile Parade 42.4%
Clay Pits Lane 41.7%
Naylor Street 40.7%
Emscote Gardens 38.9%

What Zoopla users think of Halifax

Overall rating:

  • currently 3.5 stars
Good - 75% (123 ratings)

Ratings breakdown:

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

Rate Halifax:

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

  • Halifax (0.7 miles)
  • Sowerby Bridge (2.0 miles)
  • Brighouse (4.1 miles)
  • Leeds Bradford International Airport (12.9 miles)
  • Manchester International Airport (30.7 miles)
  • Robin Hood Airport (39.5 miles)
  • Heysham Ferry Terminal (47.6 miles)
  • Knott End-On-Sea Ferry Landing (48.2 miles)
  • Fleetwood for Knott End Ferry Landing (48.5 miles)

Nearby schools

View all schools in Calderdale
  • Beech Hill School (0.1 miles)
  • St Augustine's CofE VA Junior and Infant School (0.4 miles)
  • St Mary's Catholic Primary School (0.5 miles)
  • The Maltings College (1.6 miles)
  • Elliott Hudson College (12.2 miles)
  • Shelley College (12.4 miles)
  • The Halifax Academy (1.0 mile)
  • The Crossley Heath School (1.1 miles)
  • Ravenscliffe High School (1.6 miles)
Note: Distances are straight line measurements

Local info for Calderdale

AskMe Q&A for Calderdale

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Property Frontiers, OX4 on +44 1865 680414 * (local rate)

Monthly running costs Beta

£457 Monthly total

Mortgage

Purchase price
Deposit (10%) 7,995
Repayment term 25
Interest rate 1.5
Your payment £287 /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

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 Property Frontiers, and do not constitute property particulars. Please contact Property Frontiers 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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