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Five-Bedroom Hmo Investment Opportunity

Halifax, HX2 - Get Access

5 bed 5 bath

Description

A substantial five-bedroom, five-bathroom HMO investment opportunity with planning permission in place and approximately 80% of the renovation already completed. 115 Furness Drive offers investors and developers the opportunity to acquire a project that has progressed significantly beyond the initial stages, with the majority of the refurbishment works already undertaken, leaving the successful purchaser to complete the remaining works and bring the property into its intended use. The approved scheme provides for a five-bedroom HMO with five bathrooms, offering the potential to create a high-quality shared accommodation property designed around the requirements of the professional rental market. With the substantial renovation already underway, the property provides an attractive opportunity for an investor looking to complete a value-add project rather than take on a full refurbishment from scratch. The remaining works should be assessed by prospective purchasers prior to bidding, together with the planning permission, building regulations, HMO requirements and any associated documentation. Located in Halifax, the property is well positioned for access to the town's range of shops, amenities, employment opportunities and transport links, making it an appealing location for shared accommodation. Offered for sale by auction, 115 Furness Drive represents an excellent opportunity to acquire a substantially renovated HMO project with planning in place, allowing the successful purchaser to complete the works and unlock the property's full investment potential.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 1,023 sq ft (EPC)

This semi-detached property in Halifax was valued by evaluating local semi-detached housing stock and factoring in its specialized five-bed, five-bathroom HMO configuration. The property is currently at a 4/10 condition score with approximately 80% of its renovation finished. Floor area is established at 1,023 sq ft based on EPC data.

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