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Park Place, Halifax

Yorkshire

£85,000

Listed on 08/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
1044 sqft

Description

This two-bedroom through terraced property, constructed from stone, is positioned in a desirable residential area, roughly one mile from the centre of Halifax. The home presents an opportunity for modernization and enhancement, making it a potential investment for those looking to increase its value. It features gas central heating and uPVC double glazing throughout. The layout includes a kitchen, lounge, cellar on the lower ground floor, and on the upper levels, a bedroom, bathroom, and a generously-sized attic room that could potentially be converted into additional living space. The kitchen is equipped with essential fixtures but would benefit from an update to meet contemporary standards. The lounge boasts ample space along with a fitted gas fire. Outside, there is a small front garden and a larger rear garden which adds to the value of this property. Note that due diligence regarding boundaries and title deeds should be conducted by interested buyers.

Investment analysis

(HX1 area)

Below Market Value

This property is priced -41.3% below area average per sq ft

-41.3%
Potential saving
This Property
£81/sq ft
Area Average
£139/sq ft
Avg Rent (weekly)
£163
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£159,283
10% above area average per sq ft
Potential ROI
+38.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (HX1)

Area prices are rising by +5.6% over the last 12 months
3 year growth: +16.5%
5 year growth: +28.8%
Investment Disclaimer: Analysis based on HX1 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

Park Place, Halifax
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£321
Based on a loan of £63,750 over 30 years at 4.45% 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.

Stamp duty calculator

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