Summary -
Flat 54 Rifle Fields,Water Street,HUDDERSFIELD,HD1 4BB
HD1 4BB
1 bed 1 bath Flat
Low-cost, high-yield one-bed near Huddersfield transport and student amenities..
- Priced at £50,000 — strong entry-level investment
- Currently tenanted at £500 pcm; immediate income
- Gross rental yield about 12% (before costs)
- Contemporary flat with high ceilings and mezzanine
- Close to Huddersfield station, bus station and amenities
- Lease ~79 years remaining — mortgage risk likely
- Service charge £1,372pa; ground rent £200pa
- Local area: very high crime and very deprived
A compact one-bedroom flat with high ceilings and mezzanine space, currently let and delivering immediate rental income. The property is close to Huddersfield town centre and transport links, making it well positioned for students and local professionals.
Financially, the flat is attractively priced at £50,000 and currently achieves £500pcm (£6,000pa), giving a strong gross yield of approximately 12% before costs. Service charge (£1,372pa) and ground rent (£200pa) are payable; council tax is very cheap.
Important cautions: the lease has about 79 years remaining which may restrict mortgage availability or valuation. The local area shows very high crime and very high deprivation scores, which impacts longer-term capital growth and tenant profiles. The property is sold with a sitting tenant in place.
Internally the accommodation is contemporary in style with good natural light, a balcony, open-plan living/kitchen and a flexible mezzanine. The flat suits buy-to-let investors seeking immediate income or a hands-on purchaser comfortable managing lettings in a challenging local market.
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