St Johns Lane, Halifax, Calderdale

This substantial five-bedroom terraced house presents a unique opportunity for developers looking to create a high-yield HMO in a location close to Halifax town centre. The property has been fully stripped out, providing a blank canvas for renovation and allowing for significant customization in layout and design. While the lack of existing fixtures, including a kitchen and fully fitted bathroom, indicates extensive work ahead, it also means that you can create a space that meets modern standards and tenant expectations.

Despite the challenges, including the need for a complete refurbishment of the living areas and bedrooms, the potential for a profitable rental return in this area makes it a compelling project for cash buyers. The exterior of the property is in good condition, which helps to offset some of the extensive internal work required. With a renovation budget estimated between £100,000 and £200,000, this property could transform into a valuable asset with significant rental appeal.