Summary - Apartment 12, Queens Court, 12 Bull Close Lane, HALIFAX HX1 2ED
9 bed 1 bath Commercial Property
Central Halifax mixed‑use block with immediate rental income and uplift potential.
Freehold sale including ground rents and freehold of entire building
A compact, income‑producing freehold close to Halifax town centre, offered with two tenanted two‑bed flats, five room lets and an owner‑used ground‑floor office. The current combined income exceeds £41,000 per year and EPCs for the main units are a respectable C, giving an investor immediate cash flow from multiple income streams.
The building is a Victorian stone conversion with period character and large windows, positioned for easy access to the train station and local amenities. Several rooms are already let as HMO-style lets producing the bulk of the income; the ground‑floor office could be converted or marketed for additional rent. There is clear potential to increase returns by regularising licences, modernising kitchens and improving common parts.
Buyers should note material issues: the communal lift needs repair and one ground-floor unit lacks an HMO licence. Service charge is modest at £45 PCM but ground rents total £1,400 pa (noted as high). The property sits in a very deprived area with very high crime statistics, which may affect lettings, insurance and management costs.
This lot will be sold at auction; additional buyer costs include a £1,500 contract documentation fee and possible seller charges on completion. The sale is best suited to a hands‑on investor or landlord prepared to manage repairs, compliance (HMO licensing) and refurbishment to unlock further rental value.
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