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Doctor Hill, Wheatley, Halifax

Yorkshire

£975,000
Listed on 23/06/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This development site, situated in the desirable Wheatley area of Halifax, presents a compelling opportunity for renovation and investment. The property currently features existing commercial premises slated for demolition to make way for new housing. Previously, outline planning permission was granted for the construction of up to 13 residential units—an indicator of the area's potential for growth and development. The approved proposal is in outline form, meaning that key aspects such as access, layout, landscaping, and overall design will be determined at the Reserved Matters stage. This flexibility allows future buyers to tailor their development approach to fit market demands and community needs effectively. While the site does not include the adjacent barn and house, it still offers a blank canvas with significant possibilities in a location that benefits from both urban accessibility and local amenities. Prospective investors will find that this area has strong demand for new housing, which could enhance the viability of the proposed development. As you consider your options, please note that due diligence is essential. We encourage interested parties to verify all details related to planning permissions and zoning regulations through Calderdale’s planning portal (reference 17/00776/OUT). Additionally, prospective purchasers should arrange independent surveys to ensure a thorough understanding of property conditions before moving forward with any offers. This offering stands out as a unique chance to contribute to local housing solutions while potentially realizing substantial returns on investment.

Investment Analysis

(HX2 area)
Area Average
£212/sq ft
Avg Rent (weekly)
£176
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (HX2)

Area prices are rising by +6.5% over the last 12 months
3 year growth: 9.4%
5 year growth: 30.3%
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.

Location

Doctor Hill, Wheatley, 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
£3,572
Based on a loan of £731,250 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