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.
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