Siddal Top Lane, Halifax
HA

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

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
371,130.00 £
Increased by 2.62 %
from 361,672.00 £
Average area rental value
1,597.00 £/mo
Increased by 9.08 %
from 1,464.00 £/mo
Est rental Yield
5.16 %
Increased by 6.17 %
from 4.86 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Hamond Estates Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Siddal Primary SchoolAcademy ConverterRequires improvement0.51 KM
Siddal Children'S CentreChildren's Centre0.51 KM
Park Lane AcademyAcademy Sponsor Led0.93 KM
Salterhebble Junior And Infant SchoolCommunity SchoolGood1.20 KM
Stafford HallOther Independent Special SchoolGood1.23 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Cinder Hills Lane £ 000.00 KM
Jubilee Road £ 000.00 KM
Blackberry Way £ 195,00000.00 KM
Park Lane £ 000.00 KM
Haigh Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Halifax8411HFX1.78 KM
Sowerby Bridge8527SOW6.82 KM
Brighouse8514BGH7.36 KM
Huddersfield8437HUD9.37 KM
Lockwood8443LCK9.46 KM

Nearby Listings

AddressPriceTypeScoreDistance
Siddal Top Lane, Halifax £ 1,500,000BUY6 / 100.00 KM
Keswick Close, Siddal, Halifax £ 175,000BUY7 / 100.29 KM
Keswick Close, Siddal, Halifax, West Yorkshire, HX3 £ 160,000BUY6 / 100.33 KM
Keswick Close, Siddal, Halifax, West Yorkshire, HX3 £ 150,000BUY7 / 100.34 KM
Gladstone View, Halifax, West Yorkshire, HX3 £ 220,000BUY6 / 100.39 KM

Nearby Properties

AddressPriceDistance
10 Mortons Close £ 134,0000.24 KM
8 Mortons Close £ 115,0000.24 KM
6 Mortons Close £ 124,9990.24 KM
7 Mortons Close £ 112,0000.24 KM
5 Mortons Close £ 116,0000.24 KM