Summary - HUDDERSFIELD THEORY TEST CENTRE, RAMSDEN HOUSE, NEW STREET HD1 2TW
1 bed 8 bath Residential Development
Approved residential conversion in Huddersfield with immediate rental income and significant uplift potential.
- Freehold multi-storey building with approved residential planning
- Existing net rental income £56,500 pa; ERV £84,000 pa
- Total existing floorspace 15,600 sq ft plus ~14,000 sq ft airspace
- Potential scheme: circa 45 studios or aparthotel / 1–2 bed mix
- Prime town-centre location, 0.2 miles from University campus
- Area classified as deprived with very high crime — management risk
- VAT payable on purchase; purchaser must comply with TUPE
- Requires full conversion works and fit-out to implement plans
Ramsden House is a large freehold redevelopment opportunity in Huddersfield town centre, offered with approved planning for residential conversion. The existing multi-let office block produces an immediate net rental income of £56,500 pa with an estimated rental value (ERV) of £84,000 pa, giving scope to increase income during or after redevelopment. The existing building totals 15,600 sq ft across basement and upper floors, plus circa 14,000 sq ft of additional airspace potential, creating a development envelope of over 30,000 sq ft.
The site sits immediately adjacent to civic assets — Town Hall, Library and Art Gallery — and is 0.2 miles from the University of Huddersfield, placing it in a cosmopolitan student neighbourhood with strong amenity and transport access. Approved plans envisage a mix of small to large studio units (scheme guidance: 25 small, 15 medium, 5 large studios) or an aparthotel/1–2 bed mix, which suits investors targeting student lets, short-stay accommodation or city-centre rental demand.
Buyers should note material considerations: the area records very high crime and is classified as deprived and constrained, which may affect lettability and management costs; VAT is applicable on purchase; and purchasers must comply with TUPE in respect of any current employees. Broadband is average; mobile signal is excellent. The building will require full conversion works to implement the approved residential scheme — budgets should allow for construction, servicing, and ongoing management of a high-density urban development.
For the right purchaser, Ramsden House offers scale, immediate income and a planning-led route to a large city-centre residential scheme within a wider town-centre regeneration programme, creating potential long-term capital and rental upside once conversion and management strategies are implemented.
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