Summary -
Apartment 53 Martins Mill,Pellon Lane,HALIFAX,HX1 5QJ
HX1 5QJ
1 bed 1 bath Flat
Immediate rental income with private parking and long lease.
One-bedroom flat in converted stone mill, traditional period features
This one-bedroom apartment in a converted stone mill on Pellon Lane is presented primarily as a buy-to-let opportunity. A tenant is in situ, producing a reported gross annual income of £6,600, which on the asking price of £65,000 equates to a strong headline gross yield of about 10.2%. The flat offers private off-street driveway parking, traditional mill features externally and a long lease (243 years remaining).
The property will suit investors or developers looking for an income-producing asset with immediate returns. Interior space is listed as average (474 sq ft) with a lounge, one bedroom, three-piece bathroom and kitchen; room heights in the building are characteristically high but internal condition and finishes are not described and may require updating to maximise rental value.
Important negatives are stated plainly: the area is classified as very deprived with very high local crime levels, and the listing confirms a buyer’s premium will be applied on sale. The property is leasehold, there are no internal images provided, and detailed condition reports (electrical, gas, damp, structural) are not supplied — purchasers should obtain the Let Property Pack and carry out full due diligence before bidding.
In short: an immediately income-producing flat in a period mill conversion with long lease and parking, attractive for yield-focused investors but requiring careful checks due to local deprivation, crime statistics and limited condition information.
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