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1 bed flat for sale

£79,950 From

Pellon Lane, Halifax HX1

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

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Property features

  • Exciting new development
  • 1 bedroom apartments
  • In converted mill
  • Commanding position overlooking halifax
  • Access to all required amenities
  • And the historic piece hall
  • Shops, restaurants
  • Great transport links

Property description

Exciting new development - must be quick - selling fast. Fantastic new 1 bedroom apartments ready in Autumn in this new development on the edge of the town centre. Martins Mill is in a commanding position overlooking Halifax town centre and countryside beyond. Being converted by Mandale Homes, these will equally suit the owner occupier looking for a convenient home close to all amenities, or the investor looking for a good return.
The building
Set over 5 floors with a lower ground floor car parking area. The original mill was built in the late 1800s and is being sympathetically converted by Mandale Homes into 60 beautiful apartments ideal for the home owner or investor.

Available apartments
Plot 1 = £99,950 and is a 2 bedroom ground floor apartment of 675 sq ft sold
Plot 8 = £79,950 and is a 1 bedroom ground floor apartment of 500 sq ft
Plot 20 = £82,950 and is a 1st floor 1 bedroom apartment of 500 sq ft
Plot 26 = £84,950 and is a 2nd floor 1 bedroom apartment of 440 sq ft
Plot 27 = £84,950 and is a 2nd floor 1 bedroom apartment of 440 sq ft
Plot 29 = £84,950 and is a 2nd floor 1 bedroom apartment of 440 sq ft sold
Plot 38 = £89,950 and is a 3rd floor 1 bedroom apartment of 440 sq ft
Plot 39 = £89,950 and is a 3rd floor 1 bedroom apartment of 440 sq ft
Plot 40 = £89,950 and is a 3rd floor 1 bedroom apartment of 440 sq ft
Plot 44 = £92,950 and is a 3rd floor 1 bedroom apartment of 500 sq ft sold
Plot 54 = £92,950 and is a 4th floor 1 bedroom apartment of 440 sq ft

timescale
The mill is due to be completed Quarter 3 2018.

Location
Located just on the edge of Halifax town centre, Martin's Mill is in a ideal position for access to all required amenities, including a wealth of shops, bars and restaurants, as well as 2 theatres, a cinema and leisure complex and transport links by bus and rail to Leeds, Manchester and beyond. In Halifax, you are also never very far from open countryside and there are many walks and places to visit, including the beautiful Ogden Water reservoir and the historic Piece Hall, now converted into a variety of small boutiques and shops.

For the owner occupier
You have the benefit of fabulous views and a great base location from which to access all that Halifax has to offer.

Potential rental yield
These apartments would expect to be let for £500pcm and above and so represent an excellent yield for the investor and would be a valuable addition to any portfolio.

Tenure
Leasehold. Term = 250 years. Ground rent £250 pa. Services charges vary per apartment but range from £594pa to £911pa - to include buildings insurance, communal electric and cleaning.

Area of re-generation
The local council are in talks and mid planning to regenerate the area know as Beech Hill, creating more residential housing. One of the local counsellors said “We are working with Together Housing to prepare plans for housing development on the empty tower block site and at the Council’s highways depot." This is with the assistance of a £300,000 grant. Over 100 areas across the country are receiving a share of the £32 million Estate Regeneration Fund, but Calderdale is the only West Yorkshire council to receive this funding.


Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £105,685 Sales 216 Current average value £103,822 (Zoopla Zed-Index) Value change -£4,984 ▼ -4.58%

Property value data/graphs for HX1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £259,923 £171 4.1 £256,571
Semi-detached £158,780 £154 3.5 £155,750
Terraced £83,045 £123 3.0 £85,238
Flats £114,550 £162 1.8 £105,702

Current asking prices in HX1

Average: £128,297
Avg. current asking prices in HX1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £74,750
(2)
£77,925
(41)
£108,433
(24)
£134,167
(9)
£211,800
(5)
Flats £73,036
(32)
£91,410
(25)
£175,000
(1)
- -
All £73,137
(34)
£83,033
(66)
£111,096
(25)
£134,167
(9)
£211,800
(5)

Current asking rents in HX1

Average: £453 pcm
Avg. current asking prices in HX1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £371 pcm
(3)
£420 pcm
(12)
£732 pcm
(3)
£550 pcm
(1)
-
Flats £442 pcm
(34)
£497 pcm
(12)
- - -
All £436 pcm
(37)
£458 pcm
(24)
£732 pcm
(3)
£550 pcm
(1)
-

Fun facts for HX1

Highest value in HX1
Highest value streets Zed-Index
Savile Road £326,112
Savile Park £302,381
Rothwell Road £287,228
Charnock Close £259,713
Heath Lea £255,240
Highest turnover in HX1
Highest turnover streets Turnover
Oxford Road 61.0%
Clay Pits Lane 41.7%
Naylor Street 40.7%
Savile Drive 40.6%
Glen Terrace 40.0%

What Zoopla users think of Halifax

Overall rating:

  • currently 4 stars
Very good - 75% (127 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:

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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

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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

£482 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.

Home Insurance

Contents value up to £80,000 Average insurance cost £5/mo (£65/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £21 Electricity £25 Estimated energy cost £46/mo

Similar properties could save up to £180

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 B Council tax cost £123 /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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