Under Offer

Halifax – Freehold former mill conversion providing 31 high-end residential flats with stunning views over the Pennines

Oats Royd Mill, Luddenden, Halifax, HX2 6RL

Offers in excess of £3,000,000

Property Type:
Residential
Sub Types:
Block of Flats, Multiple Flats
Tenure:
Freehold

Description

Investment Considerations

  • Freehold block comprising a total of 42 flats within a converted former mill building
  • 11 flats have been sold subject to long leasehold interests and 31 flats remain unsold (15 x one bed apartments and 16 x two bed apartments)
  • The property was extensively redeveloped in 2010 to provide high-end residential accommodation with associated gated car parking
  • Popular rural location outside of Halifax in the Luddenden Valley, with stunning views over the Pennines
  • Current Rent Reserved: £171,230 (including ground rent recievable)
  • Estimated Rental Value (ERV): £205,430 (if fully let and including ground rent receivable)
  • We are of the opinion the subject represents a very attractive break up opportunity

Additional information can be viewed and downloaded from the website – link on right hand side. 

Subject to contract