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Ellen Holme Cottages, Halifax HX2 - Image 1
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Ellen Holme Cottages, Halifax HX2

Yorkshire

£400,000
Listed on 15/07/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This property presents a compelling opportunity for renovation and investment, featuring a two-bedroom home alongside an additional structure with plans approved for a five-bedroom residence. The existing two-bedroom house is well-designed, boasting an open-plan kitchen and dining area that flows into a comfortable living room. The dual double bedrooms are complemented by a stylish family bathroom, making it immediately livable while offering potential for personalization. Adjacent to the main house is the development project, which has received planning permission for a substantial five-bedroom home. This proposed dwelling includes plans for two to three bathrooms and spacious communal areas such as a large lounge and kitchen/dining space. With double-glazed windows already installed and heating infrastructure in place, this project awaits an investor or renovator's vision to bring it to completion. The property's location enhances its appeal; it's situated in a community with access to local amenities, schools, and public transportation options, which suggests strong rental demand or resale value post-renovation. Additionally, the outdoor space features well-maintained gardens and includes parking as well as workshop space—ideal for those looking to further enhance the property's functionality or aesthetic appeal. Investors will appreciate the dual-income potential from both homes while homeowners might find an attractive option to live comfortably in the existing home while developing the adjacent property. Overall, this setting offers significant possibilities for those with renovation aspirations or investment goals.

Investment Analysis

(HX2 area)
Area Average
£207/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.3%
Monthly Sales
36
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (HX2)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 12.0%
5 year growth: 32.3%
Investment Disclaimer: Analysis based on HX2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

Ellen Holme Cottages, Halifax HX2
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