BTL Well

Property Overview

  • Type: 2-Bedroom Terraced House

  • Location: Calderdale Metropolitan District

  • Year of Purchase: 2022

  • Purchase Price: £78,000

  • Refurbishment: Light

  • Gross Development Value (GDV): £95,000

  • Rental Income: £650 per month

Why This is a Strong Long-Term Investment – Thorough Due Diligence Conducted Pre-Purchase

  • Strong 15% capital growth in the previous 5 years.

  • Property has an open-field view out of the back garden, as well as off-street parking.

  • 80% of the 2-bed properties in the area have sold for an average of £126,000 in the last 12 months.

  • High development planning in the area. Plenty of extensions, new housing units, and commercial developments occurring, estimated at £4.2million - meaning a lot of people are happy with the area and want to stay.

  • GP practices / doctor's surgeries within 3 miles, a hospital only 2.7 miles away, and dentists within 3 miles.

  • secondary schools within 2 miles, 100% of which is rated Good or Outstanding by OFSTED.

  • 10 primary schools within 3 miles, 80% of which are rated Good or Outstanding by OFSTED.

  • Only 34.2% of properties in the area are available to purchase, 65.8% are SOLD/Sold STC. This demonstrates there is more demand for properties than there is supply in the area.

  • 20% of the people living there categorised into the AB Social Grade which is way above the national average (10%). The average household income is £40,800 (national average is £30,000).

With strong capital appreciation, high demand, and ongoing investment in the area, this property presents a fantastic long-term single let with steady rental income and strong future growth potential.

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