Spring Hall Lane, Halifax, Calderdale, HX1 4JG

INVESTMENT OPPORTUNITY - Flat 302 Fellon House, 173a Spring Hall Lane, Halifax Asking Price: £80,000 Gross Yield: 10.0% | High NET Yield: 9.5%

Leasehold - 999 years lease (Zero ground rent)

This recently tenanted one-bedroom apartment offers modern living with a thoughtfully designed layout and quality finishes throughout. Accessed via a secure entry-phone system, it opens into a bright, open-plan living and kitchen area fitted with contemporary units, integrated appliances, and ample storage. The generously sized bedroom offers flexibility for sleeping, home working, or guest accommodation, while a smartly finished shower room with a walk-in shower completes the apartment. An allocated parking space adds further convenience.

INVESTMENT SUMMARY Asking Price: £80,000 Property Type: One-bedroom apartment (999-yr leasehold, zero ground rent) Tenancy Status: Recently tenanted at £750.00 per month Current Market Rent: £750.00 per month (£9,000.00 per annum) Net rental income per year: £7,600.00 Ground Rent: Zero Service Charge: £1,400.00 per annum Lease Term Remaining: 999 years EPC Rating: C

This recently completed (January 2026) apartment offers a powerful and attractive combination of high net yield with a new build apartment.

Location – Halifax Fellon House sits on Spring Hall Lane, within easy reach of Halifax town centre and its amenities, including supermarkets, healthcare facilities, cafés, and restaurants. Halifax is a thriving West Yorkshire town known for its industrial heritage and attractive architecture, with strong transport links including rail services to Leeds and Manchester, plus good road connections. Nearby green spaces offer excellent outdoor leisure opportunities alongside town-centre convenience.

WHY THIS IS WORTH CONSIDERING Low capital entry point at £89,000 Brand new apartment (low maintenance) EPC ‘C’ Perfect for young professional tenants Dedicated parking space included in price 999 year lease with zero ground rent