3 Moss Street, Newsome, Huddersfield, Investment

Description

RESIDENTIAL INVESTMENT OPPORTUNITY
Block of 4 apartments generating an income of approximately £34,500 per annum
All apartments reserved under contract for academic year of 2025/26.
2 Two bedroom and 2 studio apartments finished to a good modern standard.
The property is built to Code 5 Sustainable Building Standards, with extra insulation, Mechanical Heat Recovery and ventilation to each apartment and solar panels.
Good on-site car parking to the rear.
For the private rented sector as well as the student market.
EPC Asset Ratings C

The property comprises a purpose-built block of 4 residential units which was constructed in 2015. It is finished to a high standard with sustainability in mind, completed to Code 5 Sustainable Building Standards, with extra insulation and having 4KW photovoltaic panels and individual Mechanical Heat Recovery Ventilation (MVHR) systems within each apartment. The property is held as an income producing investment generating around £34,500 per annum for the past 3 years and is under contract for the academic year of 2025/26. Whilst the residential are commonly students, it is the type of accommodation that would also be attractive to the private rented sector and, in addition to the sustainability factors, the property benefits from:- ?Off road car parking ?Security cameras and video entry system ?High speed broadband, including Cat 5 cabling and port to each flat ?Outside garden area ?Each apartment is fully furnished The property is constructed using timber frame with a 25yr warranty with stone outer cladding under a pitched slate covered roof with PVCu double glazing throughout.