Summary - 44, Wheatley Court, HALIFAX HX2 8QL
2 bed 1 bath Apartment
Tenanted high-floor two-bed with balcony — immediate income and long lease for investors.
Tenanted investment with 12% gross yield (approx. £8,100 pa)
Net yield ~9.2% after management and charges
High-floor apartment with balcony and extensive views
Modern kitchen and bathroom; double glazing installed
Leasehold — approximately 245 years remaining
Service charge £696 pa; ground rent £156 pa
Electric room heaters (no central gas heating)
Area classified as very deprived with high local crime
This ready-made, tenanted two-bedroom apartment on a high floor offers a hands-off income stream for investors seeking immediate returns. Located in Wheatley Court on Halifax’s outskirts, the property delivers a reported 12% gross yield (approx. £8,100 pa) and an estimated net yield around 9.2% after management and charges.
The flat has a modern specification with a contemporary kitchen, family bathroom and a living room opening onto a balcony with long-reaching views. Practical details support buy-to-let ease: a long lease (approx. 245 years), double glazing, fast broadband and excellent mobile signal. Service charge (£696 pa) and ground rent (£156 pa) are modest for a leasehold apartment of this size.
Material considerations are factual and important for investors to weigh. The building uses electric room heaters rather than a central gas system, which may affect bills and tenant appeal. The property sits in a very deprived neighbourhood with high local crime statistics — this impacts tenant profiles, demand for managed tenancies and potential rental growth. The wider area classification and local social factors may influence long-term capital appreciation.
Overall, this apartment is positioned as a pragmatic, income-focused purchase: immediate rental income, low running headline costs, and minimal landlord input if continued lettings management is used. Investors seeking higher-growth neighbourhoods or owner-occupier purchasers looking for quiet, premium areas should note the socio-economic and safety context before proceeding.
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