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Siddal Top Lane, Halifax

Yorkshire

£1,600,000
Listed on 18/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property comprises a freehold site of approximately 8.2 acres, previously home to the Cinderhill Works industrial unit. Currently, there is only one structure remaining on the property: a red brick building that appears to date back to its original use as a forge, accompanied by an engine and boiler house. The rest of the site has been cleared, revealing open areas and remnants of a former quarry, which provide a unique landscape. The site currently holds outline planning permission for the development of up to 104 residential units, consisting of 86 houses and 18 apartments. This presents an excellent opportunity for investors or developers looking to capitalize on the growing demand for housing in the area. Additionally, there is potential for further development beyond the approved plans, contingent on obtaining the necessary consents. The surrounding greenbelt land adds another layer of appeal, ensuring that any future projects can benefit from attractive natural surroundings. This vacant site offers a blank canvas for redevelopment in a location with significant potential for growth in both residential and commercial applications.

Investment Analysis

(HX3 area)
Area Average
£226/sq ft
Avg Rent (weekly)
£181
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£1,000,000 - £1,500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (HX3)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 10.8%
5 year growth: 24.2%
Investment Disclaimer: Analysis based on HX3 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.

Location

Siddal Top Lane, Halifax
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£5,861
Based on a loan of £1,200,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE