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Cowlersley Lane

Huddersfield , Yorkshire

£155,000

  • Three bedroom end terrace
  • Net yield of 6.6%
  • Current sitting tenant
  • Strong rental growth potential
  • Popular residential location

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Huddersfield, Yorkshire

End Terrace | £155,000 | Peppercorn Lease
1. ‎Property Information
99 Cowlersley Lane is a well-presented three-bedroom end-terrace property situated in the Cowlersley/Golcar area of Huddersfield. The property is held leasehold on favourable peppercorn terms and is currently let to a tenant who is fully up to date on rental payments, making it a straightforward addition to an existing portfolio or an attractive entry point for a new investor.
Accommodation
  • Three bedrooms
  • Spacious reception room
  • Fitted kitchen
  • Family bathroom
  • End-terrace position, benefiting from additional natural light and reduced overlooking compared to mid-terrace stock
  • On-street parking in the immediate vicinity
  • Low-maintenance exterior, well suited to a busy or remote landlord
Key Facts
  • Tenure: Leasehold
  • Ground rent: £10 per annum (peppercorn lease)
  • Property type: End-terrace house
  • Bedrooms: 3
  • EPC Rating: D
  • Current rental income: £850 pcm
  • Tenant status: Tenant in situ, up to date on all rental payments
2. Investment Information
This property is being marketed as a turn-key buy-to-let investment, already generating income from day one of ownership, with a clean rent payment history.
Headline Figures
  • Asking price: £155,000
  • Current rental income: £850 pcm / £10,200 per annum
  • Approximate gross yield: 6.6% at asking price
  • Tenant: In situ, up to date on rental payments
  • Tenure: Leasehold with peppercorn ground rent of £10 per annum
Tenancy Position
The property benefits from a tenant already in residence who is fully up to date on rental payments, providing an investor with immediate, proven rental income and continuity from completion, removing the void periods and marketing costs typically associated with a vacant purchase.
Lease Terms
The property is held on a leasehold basis with a peppercorn ground rent of just £10 per annum and zero service charges, meaning the full rental income is retained by the landlord with minimal deductions – a significant advantage over many leasehold investment properties where service charges can materially erode net yield.
3. Reasons to Invest
4. Location Information
Cowlersley Lane is located in the Golcar ward of Huddersfield, Kirklees, a popular and affordable residential area of West Yorkshire with strong transport connectivity into Huddersfield town centre and beyond.
Transport Links
  • Lockwood railway station is the nearest station, approximately 1.5 miles away, with regular services into Huddersfield town centre in around 4 minutes
  • Huddersfield railway station offers fast onward connections, including Leeds and Manchester Piccadilly within around 30 minutes, and London Euston in just under 3 hours
  • Regular local bus services connect the area to Huddersfield town centre and surrounding villages
  • Convenient road access to the wider Kirklees and West Yorkshire road network
Local Area
  • Close to local primary schooling, with Woodside Green Primary Academy within walking distance
  • Colne Valley High School serves the secondary catchment, under a mile away
  • Local GP surgery and everyday amenities within easy reach
  • Huddersfield Royal Infirmary located approximately 1.6 miles away
  • Gigabit broadband availability in the area, a useful feature for working-from-home tenants
  • Affordable price point relative to the wider West Yorkshire market, supporting strong rental demand and tenant retention

Return on Capital Employed (ROCE) Calculator

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Property Price


Mortgaged

Cash Purchase

Deposit

£0.00

25%

£155,000.00

Sourcing Fees

£3,000.00

£3,000.00

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