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6 bedroom house of multiple occupation for sale
St James Road, Halifax, HX1 1YS
£340,000
St James Road, Halifax, HX1 1YS
£340,000
Our Summary
- Set over three floors, the property comprises a spacious entrance hallway, shared kitchen/dining area, and six ensuite double bedrooms, offering an immediate high-return investment opportunity
- Combined with positive population growth, rising employment, and an affordable property market compared to nearby cities, these factors support strong yields and potential capital growth
Description
This 6-bedroom, fully licensed HMO in Halifax has been recently refurbished to a high standard and is generating £43,800 per annum, with a net yield of 8% with full management or 9.5% for self-managed investors. The property is set over three floors and features a spacious entrance hallway, shared kitchen/dining area, and six ensuite double bedrooms. Located on the edge of Halifax town centre, the property offers excellent connectivity to major employment hubs and is close to local bus services and Halifax train station. The town is undergoing extensive regeneration projects, including a £200 million investment in buildings, infrastructure, and transport, which is expected to support strong yields and potential capital growth. The property offers an immediate income stream and fully managed rental opportunities, making it an ideal investment opportunity for those looking for a high-return investment.