Prescott Street, Halifax, West Yorkshire, HX1 2LR - Online Auctions

The Property Excellent Investor opportunity - A fantastic 1 Bedroom Apartment in Iconic Drill Hall – Town Centre Location with secure parking. Welcome to The Drill Hall, a well presented 1 bedroom apartment located in the heart of Halifax town centre. Situated within a stunning Grade II listed former military building, this unique residential conversion blends historic charm with contemporary living. Positioned on Prescott Street (HX1 2LR), this apartment offers everything you need for a city investment flat. Property Highlights: A well-sized double bedroom Modern kitchen and spacious living area Contemporary fitted kitchen with integrated appliances Stylish three-piece bathroom suite Secure entry system Lift access and well-maintained communal areas Excellent transport links Quiet location with convenient access to amenities Property is sold with tenant in situ. Current rental income is £600 per month, providing a healthy rental yield of approximately 11%. Rental demand is strong and there have been no vacancies for the last few years. The property is ideally located just minutes from Halifax’s train station, shops, restaurants, and The Piece Hall – making it perfect for professionals, commuters, or those seeking a character home in a vibrant setting. Ideal for investors looking for a low-maintenance, high-style property in a prime location. Don't miss the opportunity to own and invest in a piece of Halifax history – book your viewing today. Property ownership information Ground rent review period: Every 1 year Service charge review period: Every 1 year Leasehold information: 125 years from and including 1 January 2017 Lease end date: 01/01/2142 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks. Material information: The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well. EPC Rating CURRENT 60/81 POTENTIAL Lease Start Date 01/01/2017 Lease Duration 125 years (116 years unexpired) Comments Energy Performance Certificate (EPCs) An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.