67 Gledholt Bank, Huddersfield, Kirklees, HD1 4HE

Guide Price: £450,000

For sale by unconditional online auction starting on 27th May at 10:00 and ending on 27th May at 12:00

For Sale by online Auction, Is this Imposing Victorian Detached Property Converted into 7 Apartments Strong Investment Opportunity Prime Location Near University. Bidding opens Tuesday 27th May at 10:00am

BUY IT NOW PRICE:
Please call our office to find out the BUY IT NOW PRICE for this lot

An outstanding investment opportunity awaits at 67 Gledholt Bank, Huddersfield. This impressive stone-built Victorian detached property has been thoughtfully converted into seven individual apartments, offering a solid return on investment with immense potential for future growth. Whether you're a seasoned property investor or someone looking to capitalize on the demand for student accommodation in the area, the property has UPVC double glazing throughout, with sensor activated communal lights in the hallways.

Key Features:
Seven Apartments: The property comprises six one-bedroom apartments and one two-bedroom apartment, all self-contained, each offering comfortable living spaces with excellent potential for high rental yields.
Detached Garage with Development Potential: The property includes a large detached garage with additional space that features a WC and kitchen area, which could be converted to provide extra rental income or serve as a potential rental unit.
Rear Car Park: Accessed from the rear, the property benefits from ample off-road parking, which is a rare and valuable commodity in this area.
Location: Situated in the highly sought-after Huddersfield area, the property is within the catchment area for student renters, making it an ideal location for anyone looking to invest in the student rental market. The property is within easy reach of University of Huddersfield, local amenities, and excellent transport links, further enhancing its appeal to potential tenants.

This property is ideally located near the upcoming Transpennine Route Upgrade, a major rail project transforming transport links across the region. Once completed, the upgrade will significantly improve travel times, connectivity, and accessibility, which will make the apartments highly attractive to professional tenants.

Investment Potential:
High Demand for Student Accommodation & Single lets: With its prime location near the University of Huddersfield, this property offers significant potential for student rental income.
Potential development: The detached garage has potential for conversion or to be rented as a unit.
This property is one of the most exciting investment opportunities currently available in Huddersfield. Its prime location, combined with the flexibility of seven rental units, ample parking, and the potential for further development, makes it a must-see for any discerning investor.

Apartment 1:
One Bedroom, Kitchen, Bathoom, Lounge
In need of modernisation
Location of building: Ground floor
Expected rental figure: £650 - £750pcm
EPC Rating: E (43)

Council Tax:
Kirklees Council
Band: A (£1541.45)

Apartment 2:
One Bedroom, Kitchen, Bathoom, Lounge
In need of modernisation
Location of building: Ground floor
Expected rental figure: £650 - £750pcm
EPC Rating: E (49)

Council Tax:
Kirklees Council
Band: A (£1541.45)

Apartment 3:
One Bedroom, Living Kitchen, Bathoom,
In need of modernisation
Location of building: Ground floor
Expected rental figure: £650 - £750pcm
EPC Rating: E (41)

Council Tax:
Kirklees Council
Band: A (£1541.45)

Apartment 4:
One Bedroom, Kitchen, Bathoom, Lounge
In need of modernisation
Location of building: First floor
Expected rental figure: £650 - £750pcm
EPC Rating: D (64)

Council Tax:
Kirklees Council
Band: A (£1541.45)

Apartment 5:
Two Bedrooms, Kitchen, Two Bathrooms, Lounge
In need of light modernisation
Location of building: First floor
Expected rental figure: £850 - £950pcm
EPC Rating: D (66)

Council Tax:
Kirklees Council
Band: B (£1798.35)

Apartment 6:
One Bedroom, Kitchen, Bathoom, Lounge
In need of light modernisation
Location of building: First floor
Expected rental figure: £650 - £750pcm
EPC Rating: F (29)

Council Tax:
Kirklees Council
Band: A (£1541.45)

Apartment 7:
One Bedroom, Kitchen, Bathoom, Lounge
In need of light modernisation
Location of building: Second floor
Expected rental figure: £650 - £750pcm
EPC Rating: F (36)

Council Tax:
Kirklees Council
Band: A (£1541.45)

Leasehold Details:
The property at 67 Gledholt Bank, Huddersfield, is offered on a leasehold basis, with 840 years remaining on the lease. The ground rent is set at just £17.50 per annum.

Freehold Opportunity:
The vendors have informed us that they were offered the opportunity to purchase the freehold of the building for £1,300. However, they have chosen not to proceed with this purchase. This could be an option for the new owner, should they wish to take it up in the future.

For online viewings
Please view the walk around videos filmed on 17/03/2025. Interested parties are advised to view the full video tour of the property, which gives an in-depth look at all apartments and there features. Should you have difficulty locating the video, please feel free to contact our office, and we will be happy to assist you.


UNCONDITIONAL LOT
Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit and a 3%+VAT (subject to a minimum of £5,500+VAT) buyer's premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

PRE AUCTION OFFERS ARE CONSIDERED
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

SPECIAL CONDITIONS
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.