Summary - CROWN HOUSE, 32 APARTMENT 3 HALIFAX ROAD LIVERSEDGE WF15 6JL
2 bed 1 bath Flat
Immediate rental income with scope for higher market rent.
Two-bedroom leasehold apartment with lounge, kitchen and one bathroom
This two-bedroom leasehold apartment in Crown House, Liversedge, is presented primarily as a buy-to-let opportunity for investors seeking immediate income. The flat is currently let and producing a gross annual income of £7,200, with documented potential to achieve around £9,000 per year at market rents. At the asking price of £85,000 this equates to a current gross yield of about 8.5% and a prospective yield near 10.6%.
The accommodation comprises two bedrooms, a lounge, kitchen and one bathroom, with spacious rooms and a well-kept interior. Practical benefits include fast broadband, excellent mobile signal and proximity to a range of local amenities and public transport links — useful for tenant demand and easy management. The lease has approximately 110 years remaining, which is sufficient for standard mortgage and letting purposes.
Buyers should note material drawbacks: the property sits on a main road with no private garden and is in an area classed as very deprived with a very high crime rate. There is a medium flood risk recorded. The tenure is leasehold and a Buyer’s Premium is stated as part of the sale process. These factors affect tenant demand, insurance and running costs and should be factored into any valuation or finance decision.
Overall, this is a straightforward, income-producing flat for investors or developers who can accept higher local risk in exchange for a strong headline yield and scope to increase rental income.
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