This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
1/22
£600,000
9 bedroom Flat for sale, Market Street, Milnsbridge, West Yorkshire, HD3
Features and Description
- Investment Portfolio of 5 self contained apartments
- Newly renovated in 2025 and completed to a high spec
- An achievable return of 7.15% with scope for rental growth subject to review
- A monthly return of £3,750 and an annual return of £45,000
- 4 occupied apartments and one is currently vacant - Monthly return of 7.15% when fully occupied
- Located in Milnsbridge close to a range of amenities and transport routes
An attractive investment opportunity comprising five newly renovated apartments in the popular residential area of Milnsbridge, Huddersfield. The portfolio offers modern, high-quality accommodation with strong tenant appeal, providing an excellent opportunity for investors seeking immediate rental income and long-term growth potential.
Fully renovated to a high standard in early 2025, the property has been thoughtfully converted into five self-contained apartments. Each unit offers independent living with its own kitchen, bathroom, and bedroom facilities. The accommodation consists of one three-bedroom apartment, two two-bedroom apartments, and two one-bedroom apartments, making it an attractive investment opportunity that offers instant cash flow with four of the apartment currently occupied with long term tenants. An achievable return of 7.15% with scope for rental growth subject to review
The building was converted from a former bank and offers tenants the opportunity to live within easy reach of a wide range of amenities. An Aldi supermarket is located directly opposite the property, with local schools, shops, and eateries all nearby. The M62 motorway network is just a short drive away, while regular bus routes and convenient access to Huddersfield town centre further enhance the property's excellent connectivity.
**The Photos are a mix of all apartments, please contact the office if you have specific questions regarding any individual unit**
Apartments
There are five apartments included in this portfolio, below are details of the current rent and tenancy term.88 George Street - Rent £550 PCM - EPC D 90 George Street - £650 PCM - EPC E (vacant)92 George Street - £925 PCM - EPC E94 George Street - £675 PCM - EPC D50 Market Street - £775 PCM - EPC EMonthly return £3,750.00Yearly return is £45,000PAYield 7.15% All apartment are council tax band A
Propery Description
Fully renovated to a high standard in early 2025, the property has been thoughtfully converted into five self-contained apartments. Each unit offers independent living with its own kitchen, bathroom, and bedroom facilities. The accommodation consists of one three-bedroom apartment, two two-bedroom apartments, and two one-bedroom apartments, making it an attractive investment opportunity that offers instant cash flow with four of the apartment currently occupied with long term tenants. An achievable return of 7.15% with scope for rental growth subject to review.The building was converted from a former bank and offers tenants the opportunity to live within easy reach of a wide range of amenities. An Aldi supermarket is located directly opposite the property, with local schools, shops, and eateries all nearby. The M62 motorway network is just a short drive away, while regular bus routes and convenient access to Huddersfield town centre further enhance the property's excellent connectivity.**The Photos are a mix of all apartments, please contact the office if you have specific questions regarding any individual unit**
Agent notes
To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.
Tenure and Council Tax Band
The Vendor has informed us the portfolio is freehold and all being sold on a single title, the apartments are all council tax band A.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Market Street, Milnsbridge, West Yorkshire, HD3
Additional Information
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Property refHUD260216
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TenureFreehold
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Council TaxA
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Local authorityKirklees Council
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Reeds Rains Estate Agents Huddersfield
Reeds Rains Huddersfield
Unit 2, 169 Wakefield Road, Moldgreen, Huddersfield, HD5 9AN
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
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