Property Details

Well Presented Two-Bedroom House – 22.5% BMV

Huddersfield, England

United Kingdom

Prices From £89,125


Situated in the highly popular area of Clifton is this deceptively spacious 2 bedroomed back to back terraced property.  Having accommodation arranged over 3 levels, the property benefits from a gas fired central heating system together with UPVC double glazing.  To the lower ground floor there is an impressive kitchen/diner and it has generously proportioned rooms throughout.

The property has accommodation comprising in brief:- entrance hall, lounge, lower ground floor kitchen/diner, first floor landing, house bathroom, a bedroom to the first floor and a further attic bedroom.

We have negotiated a discount of 22.5% below market value (BMV) which will secure the buyer instant equity of £25,875 on completion.

Available with vacant possession, with an estimated rental income of £495 pcm, this would result in a gross yield of 6.6%.

Based on an 80% 2 Year Fixed mortgage with TMW at 4.14% (subject to status), the monthly mortgage payments would be £246 pcm with positive cash-flow of £249 pcm.

Property Summary

  • Freehold Two Bedroom House
  • 22.5% BMV
  • Achievable Rent At £495 pcm
  • Newly Refurbished
  • Positive Cash Flow At £249 pcm
  • Located in HD6 Huddersfield

Financial Breakdown

Market Value £115,000
GPI Price £89,125
Deposit £17,825
Rental Income £495
Mortgage Costs £246
Cash Positive £314
Gross Yield 6.6%