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City Lofts - Halifax
A beautifully converted building full of charm.
Halifax - HU1 1HS
Prices From: £112,000
Build Status: Complete
Luxury Apartments & Bungalows
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* Images purely for illustrative purposes and may not be the actual apartment for sale.
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Set in the heart of Halifax town centre, City Lofts is set to be a beautiful conversion of a building full of charm that has all the characteristics of a listed building without the restrictions that come with such a title. With a favourable lease allowing for short term lets, investors can expect to receive positive returns as the serviced accommodation market continues to thrive.
As well as the aforementioned Halifax plc, whose main office is located a mere stones throw from the apartments, the town also has strong associations with confectionary. Rowntree Mackintosh Confectionary was a British company formed by the merger of Rowntree’s and John Mackintosh Co. The company was famous for making chocolate brands such as Kit Kat, Aero and Quality Street. It was purchased by Nestle in 1988, with products rebranded under its own brand. Rowntree Mackintosh Confectionary owned Mackintosh’s former Halifax headquarters and factory. The factory is still in use, located next to Halifax railway station, for production of Quality Street and other confections.
Being a bit further North than its bigger City rivals, Halifax is much closer to the Lake District, then there is the stunning Yorkshire Dales right on the doorstep making it an ideal destination for people who want to explore Englands natural beauty, So Halifax is more than a regional hub of connectivity for business purposes. It is within easy reach of many of England’s most attractive and appealing leisure destinations. Moreover, however, the town is increasingly a destination in its own right.
Investment Highlights
| Luxury 1 Bed & 2 Bed Apartments |
| City Centre Location |
| NET Yields as high as 14.59% |
| Short Term Lets allowed in the lease |
| Close to Transport Links |
| 999 Year Lease |
| Prices From | £112,000 |
| Build Completion | Sept 2023 |
| Units Available | 28 |
| Projected Nightly Rate | £100 |
| Finance | Yes** |
| Rental Guarantee | No |
** The provision of lender finance for your purchase is dependant upon individual circumstances and cannot be guaranteed. We advise you to obtain independent financial advice before entering into an agreement upon which you will be relying upon lender finance. Any decision to proceed with lender finance is your decision only. If lender finance cannot be obtained you will be required to complete on your purchase in any event. Residential Estates are not regulated by the FSA, nor are they a finance company and cannot be held liable for any purchaser being unable to obtain mortgage monies for their purchase. Please read the FAQs above for more information.
Enquire About This Investment
Complete The Form Below To Receive The Brochure & Book Your Free, No Obligation Consultation Call