Lockwood Huddersfield HD4

This property presents a significant development opportunity located in Lockwood, Huddersfield. Positioned conveniently near local amenities and reputable schools, it has received a pre-application approval for the construction of 26 apartments, comprising 19 one-bedroom flats and 7 two-bedroom flats. The projected rental income for the one-bedroom units is approximately £600 per month, translating to an annual return of £7,200, while the two-bedroom flats could command around £800 monthly, yielding £9,600 per year. Collectively, this could generate a total rental income of about £204,000 annually from the entire development. Alternatively, there is potential to convert the site into five residential houses—two detached and three townhouses. The plot is adjacent to a woodland area featuring pleasant pathways and trees that enhance its semi-rural ambiance.