Savile Street, Huddersfield, West Yorkshire, HD3
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Prime Rental Location
- 1 Bedroom Flat
- Three Piece Bathroom
- Lounge and Kitchen
- Parking Space
- Current Rent: £850 at 10.2% yield
- Potential Rent: £1000 at 12% yield
Description
Key Investment Highlights:
High Rental Demand: Savile Street's location is likely close to Huddersfield town center, which offers various amenities including shopping, dining, and entertainment options. Being centrally located typically increases rental demand due to convenience. Rental properties on Savile Street are competitively priced compared to other areas in Huddersfield, this can drive higher demand.
Prime Location: Savile Street's accessibility to public transportation, such as bus and train services, makes it appealing to tenants who commute. Huddersfield Railway Station, with connections to major cities, adds to the attractiveness. Good road connections to major routes and highways enhance accessibility, which can increase rental demand.
Long-Term Growth: As an area benefiting from regeneration and ongoing development, Huddersfield continues to see rising property values and rental income potential.
Property Overview:
The is a stunning 1 bedroom flat with three piece bathroom, kitchen and parking space.
Rental Potential:
Properties in Savile Street consistently achieve strong rental returns, with demand often exceeding supply. Based on current market conditions, this one-bedroom flat is generating an income of £850 monthly and has the potential to generate an estimated rental income of £1000 per month, delivering a healthy gross rental yield. With the added advantage of long-term capital growth, this property is a solid investment choice.
Future Growth and Appreciation:
As of 2024, The key regeneration project focusing on the revitalization of Huddersfield town center. The Huddersfield Blueprint aims to enhance infrastructure, public spaces, and economic development. Even though it primarily focuses on the town center, improvements and growth in this area often have ripple effects on nearby neighborhoods, including Savile Street.
This is a rare opportunity to acquire a property in one of Huddersfield's fastest-growing rental markets. Whether you're an experienced investor looking to expand your portfolio or a first-time buyer searching for a long-term growth opportunity, this apartment in Savile Street is not to be missed. Contact us today to arrange a viewing or discuss investment details.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Savile Street, Huddersfield, West Yorkshire, HD3
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