Siddal Top Lane, Halifax
By Hamond Estates Ltd
£ 1,500,000
Reviews
3 out of 5 stars
Hamond Estates Ltd says ..
A freehold site of approximately 8.2 acres, the site of a former industrial unit, Cinderhill Works. The site benefits from outline planning permission to redevelop the site to create 104 new dwellings (86 houses and 18 apartments). A former industrial unit, only one building re
Property Oracle says ..
This property listing presents a development opportunity rather than a ready-to-occupy home. It involves a large 8.2-acre site at Siddal Top Lane, Halifax, currently occupied by a derelict industrial unit (Cinderhill Works). The site benefits from outline planning permission to construct 104 new dwellings (86 houses and 18 apartments). The images show the current state of the site, which is overgrown and largely comprises the old industrial building. Detailed architectural plans are provided which detail the proposed new development. The location is considered convenient with reasonable proximity to amenities, schools, and transport. However, the list price of £1,500,000 reflects the substantial investment required to acquire the land, obtain planning permission, and complete construction. The actual value will depend on the successful implementation of the development plan, which inherently involves considerable risk. Nearby property prices appear significantly lower, reflecting the difference between individual dwelling values and the overall cost of developing a new large-scale housing scheme. The final valuation will depend heavily on the individual market value of each of the 104 units once constructed and sold. Therefore, it is difficult to definitively assess the ultimate value for money.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 9
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 371,130.00 £Increased by 2.62 %
- Average area rental value
- 1,597.00 £/moIncreased by 9.08 %
- Est rental Yield
- 5.16 %Increased by 6.17 %
- Crime Rate
- 0.00 %
Agent Activity
Hamond Estates Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Siddal Primary School | Academy Converter | Requires improvement | 0.51 KM |
| Siddal Children'S Centre | Children's Centre | 0.51 KM | |
| Park Lane Academy | Academy Sponsor Led | 0.93 KM | |
| Salterhebble Junior And Infant School | Community School | Good | 1.20 KM |
| Stafford Hall | Other Independent Special School | Good | 1.23 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cinder Hills Lane | £ 0 | 0 | 0.00 KM |
| Jubilee Road | £ 0 | 0 | 0.00 KM |
| Blackberry Way | £ 195,000 | 0 | 0.00 KM |
| Park Lane | £ 0 | 0 | 0.00 KM |
| Haigh Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Halifax | 8411 | HFX | 1.78 KM |
| Sowerby Bridge | 8527 | SOW | 6.82 KM |
| Brighouse | 8514 | BGH | 7.36 KM |
| Huddersfield | 8437 | HUD | 9.37 KM |
| Lockwood | 8443 | LCK | 9.46 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Siddal Top Lane, Halifax | £ 1,500,000 | BUY | 6 / 10 | 0.00 KM |
| Keswick Close, Siddal, Halifax | £ 175,000 | BUY | 7 / 10 | 0.29 KM |
| Keswick Close, Siddal, Halifax, West Yorkshire, HX3 | £ 160,000 | BUY | 6 / 10 | 0.33 KM |
| Keswick Close, Siddal, Halifax, West Yorkshire, HX3 | £ 150,000 | BUY | 7 / 10 | 0.34 KM |
| Gladstone View, Halifax, West Yorkshire, HX3 | £ 220,000 | BUY | 6 / 10 | 0.39 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 10 Mortons Close | £ 134,000 | 0.24 KM |
| 8 Mortons Close | £ 115,000 | 0.24 KM |
| 6 Mortons Close | £ 124,999 | 0.24 KM |
| 7 Mortons Close | £ 112,000 | 0.24 KM |
| 5 Mortons Close | £ 116,000 | 0.24 KM |