Summary - 10 North Park, King Cross Street HX1 2HH
2 bed 1 bath Apartment
Long lease, strong yield — compact parkside flat sold with tenant in situ..
Second-floor two-bed apartment next to People's Park
978 years remaining on lease—long, secure tenure
Adverts rental £725pcm — c.9% net yield (tenant in situ)
Allocated car port, lift access and separate storage cupboard
Small overall size (~592 sq ft); feels compact
Service charge ~£1,400pa and ground rent £150pa
Heating is electric room heaters (no central gas system)
Area is very deprived with above-average crime rates
This compact two-bedroom apartment sits on the second floor of a modern development directly next to People's Park, offering easy access to Halifax town centre and local transport links. With a long 978-year lease and an advertised rental value of £725 pcm (around a 9% net yield), it presents a clear income opportunity for buy-to-let investors.
The home is well maintained and arranged as an open-plan lounge/dining/kitchen with a Juliette balcony, two double bedrooms and a single bathroom. Practical features include lift access, an allocated car port, a ground-floor storage cupboard and double glazing. Council Tax band A and an EPC C help keep running costs lower than many flats of this age.
Sold with a tenant in situ and offered chain-free, the property suits investors seeking immediate rental income. Owner-occupiers should note the tenant situation and the apartment's modest footprint (approximately 592 sq ft) which may feel small for some.
Material considerations: the block is in a very deprived area with above-average crime levels, and the heating is electric room heaters rather than central heating. Annual service charge and ground rent are ongoing costs to factor in (£1,400 and £150 respectively). Broadband speeds are average but mobile signal is excellent.
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