H2 Halifax-West Yorkshire
H2 Halifax is situated with west Yorkshire an existing 16 story tower built up of 70 one and two bedroom apartments with a fixed price of £66,995 for one bedrooms and £76,995 for a two bedroom with an expected return of 8.5%.
8.5%
Yield
Starting From
£66,995
Overview
H2 Halifax is a conversion scheme with automatic permitted planning permission to revamp and bring this existing 16 story tower into a comfortable contemporary modern living hub, these one,two bedroom apartments come with luxury fitted bathrooms and kitchens along with branded fittings and fixtures throughout.
The development will be ready before Q2 2021 and carry a 10-year build warranty.
Situated within HX2 postcode west Yorkshire H2 Halifax is a short distance from the town centre and excellently positioned between Manchester and Leeds.
With big brands like Halifax Bank, Nestle and Mcvities along with SME factories and industries H2 Halifax is perfectly position for the renter waiting to build a deposit to get onto the property ladder.
H2, HALIFAX - 2 bedroom Option
OPTION 1 - 'No Mortgage' Plan
Purchase price £76,995.00
Legal Fees (estimated total costs excluding disbursements) £850.00
Total amount due £77,845.00
RESERVATION STAGE
Reservation Deposit - 5% £3,849.75
Legal Fees (as above) £850.00
Reservation stage total due £4,699.75
MONTHLY DEPOSIT
PAYMENT STAGE £50,046.75
65% deposit divided by 24-month schedule £2,085.28
COMPLETION STAGE
Stamp Duty - estimated (if applicable) £2,309.00
RENTAL REPAYMENT PHASE
Balance of purchase price payable from rental income £23,098.50
Year 1 rental repayment £6,600.00
Year 2 rental repayment £6,600.00
Year 3 rental repayment £6,600.00
Year 4 rental repayment £3,298.50
ANNUAL INCOME - ESTIMATED
per month £550.00
per annum £6,600.00
Rental Yield based on above 8.57%
The development will be ready before Q2 2021 and carry a 10-year build warranty.
Situated within HX2 postcode west Yorkshire H2 Halifax is a short distance from the town centre and excellently positioned between Manchester and Leeds.
With big brands like Halifax Bank, Nestle and Mcvities along with SME factories and industries H2 Halifax is perfectly position for the renter waiting to build a deposit to get onto the property ladder.
H2, HALIFAX - 2 bedroom Option
OPTION 1 - 'No Mortgage' Plan
Purchase price £76,995.00
Legal Fees (estimated total costs excluding disbursements) £850.00
Total amount due £77,845.00
RESERVATION STAGE
Reservation Deposit - 5% £3,849.75
Legal Fees (as above) £850.00
Reservation stage total due £4,699.75
MONTHLY DEPOSIT
PAYMENT STAGE £50,046.75
65% deposit divided by 24-month schedule £2,085.28
COMPLETION STAGE
Stamp Duty - estimated (if applicable) £2,309.00
RENTAL REPAYMENT PHASE
Balance of purchase price payable from rental income £23,098.50
Year 1 rental repayment £6,600.00
Year 2 rental repayment £6,600.00
Year 3 rental repayment £6,600.00
Year 4 rental repayment £3,298.50
ANNUAL INCOME - ESTIMATED
per month £550.00
per annum £6,600.00
Rental Yield based on above 8.57%
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