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Property Listing Details

1 bed flat for sale

Pellon Lane, Halifax HX1

  • Sold subject to contract
  • New home
From

£81,950

(£186/sq. ft)

Property details

Features

  • 1 bedroom
  • 1 bathroom
  • 1 reception room
  • floor area440 sq. ft
  • Leasehold
  • Double glazing
  • Yields of up to 7.1%, 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

Listing view statistics

Last 30 days: 53 page views

Since listed: 311 page views

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 £81,950, 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 £20,488. 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 8% - 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.

Floorplan

1 Floorplan document

Map & Nearby

Local Amenities

  • Halifax 0.8 miles
  • Sowerby Bridge 1.8 miles
  • Beech Hill School 0.2 miles
  • St Augustine's CofE VA Junior and Infant School 0.2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Halifax 0.8 miles
  • Sowerby Bridge 1.8 miles
  • Beech Hill School 0.2 miles
  • St Augustine's CofE VA Junior and Infant School 0.2 miles

Market stats

Sale activity

Average estimated value for a flat in HX1:

  • £128,182
  • Price increase

  • £5,670
  • (4.628%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £100,947
  • Properties sold

    30

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in HX1 is currently:

£403 pcm

Recent sales nearby

See all recent sales in HX1
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Running costs

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In association with

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.

The Agent

Price history

Sold prices provided by Land Registry
30th May 2018 £81,950 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Property Frontiers. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Property Frontiers for full details and further information.