Brickfield Grove

Flat 2, 8 Brickfield Grove, Holmfield, Halifax, Calderdale, HX2 9AZ

Prime Buy-to-Let Investment – Tenant in Situ

Located on a quiet cul-de-sac in the highly desirable area of Holmfield, Halifax, within Calderdale, this deceptively spacious two-bedroom first floor apartment presents an excellent turnkey investment opportunity.

Being sold with the current tenant in situ, the property generates immediate rental income from completion – ideal for both new and experienced investors seeking strong returns in a stable residential location.

Property Overview

• Two-bedroom first floor apartment
• Quiet cul-de-sac position
• Spacious and well-proportioned accommodation
• Single garage providing valuable additional storage
• Tenant in situ – income from day one
• EPC Rating: C (valid until 19th January 2032)
• Asking Price: £90,000

Tenure & Ownership Structure

The apartment is currently leasehold.

Importantly, the vendor owns the freehold of the building and is open to flexible structuring:

• The property can be sold as leasehold with a share of the freehold, or
• The vendor would consider transferring the freehold interest, subject to agreement.

At present:

• Zero ground rent payable
• Zero service charges payable

This provides exceptional cost efficiency and enhances net returns for investors.

Investment Summary

• Current Rental Income: £600 per calendar month
• Annual Rental Income: £7,200
• Gross Yield: 8.0% gross yield
• A highly attractive yield for a sought-after Halifax residential location.

Finance & Return Illustration

• Purchase Price: £90,000
• Deposit (25%): £22,500
• Mortgage (75%): £67,500
• Interest Rate: 5% (interest-only example)
• Annual Mortgage Interest: £3,375 per annum
• Net Income (Before Allowances): £3,825 annual surplus
• Return on Cash Invested (ROI): 17.0% return on cash invested

With no ground rent or service charge liabilities, this investment benefits from a minimal overhead structure compared to many leasehold apartments.

Location

Holmfield remains one of the most desirable residential districts of Halifax, offering a peaceful setting while remaining close to local amenities, transport links, and schools. Strong tenant demand and long-term rental stability make this an appealing addition to any property portfolio.

Why Invest in This Property?

• Immediate income-producing asset
• Strong 8% gross yield
• 17% projected leveraged return (illustrative)
• Flexible tenure structure available
• No ground rent or service charge payments
• Garage – added tenant appeal and storage value
• Energy-efficient EPC rating C

LET PURE INVESTOR TAKE THE STRAIN AWAY …

We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we provide a fully managed service for landlords looking to minimise costs and maximise efficiency.

• Fully managed lettings and property management service
• Comprehensive coverage throughout England and Wales
• One team, one fee across your full portfolio
• Rental income protection available
• Transfer your existing properties quickly and easily

If you would like to find out more about our lettings and property management service, or discover how much we could save you each month, please contact our team on Tel: 0161 337 3890

Get in touch with the team