Luxury Apartments – Halifax
Halifax House, Halifax
Halifax House is an impressive stone-built property set on the corner of Blackwall and Ferguson Street close to the centre of Halifax. Previously occupied by an insurance business, it is now the subject of a £3.5 million conversion scheme.
The project will see the creation of 65 new, high-specification apartments over the four storeys of the building – a mix of studio flats and 1 and 2-bedroom apartments.
The design calls for a high standard of finish in order to cater for the growing professional and key-worker markets in the town. Locally, rental demand is high but there is a pronounced shortage of good quality accommodation for more discerning, higher-paying tenants. Halifax House has been conceived to meet that rising demand. Built to the most exacting modern standards, its apartments will feature en-suite shower and bathroom facilities, separate bedrooms and living areas, together with well equipped kitchens.
For tenants, the property will provide a comfortable and convenient central location, close to all the town’s amenities. For investors, it affords an opportunity to take advantage of a fast-improving market together with excellent prospects for healthy yields and sustainable capital growth.
A £3.5 million conversion of a former office building and 65 top quality apartments to be created on four storeys, which is a mix of studios, 1 and 2 bedroom units. Located just 500 metres away from Halifax Town Centre, and with attractive pre market prices for investors with the growing demand for town-centre accommodation.
The growth of the town’s economy is likely to have a positive effect on local businesses and should spur an influx of new workers. LEP forecasts suggest that Halifax will see an increase in the number of professionals looking for accommodation as they seek to take advantage of new jobs and a better place to live.
For all local landlords, this will be good news, but it will be especially so for those with more modern, upmarket properties to let. The supply of good quality accommodation is very limited within the town, so Halifax House has been designed to appeal to more demanding and more affluent tenants.
- Key employment sectors in Halifax are retail including businesses such as Jack Wills and Nestle UK.
- Financial and digital industries including Covea Insurance, Lloyds Banking Group inc Halifax PLC and Siddall Investments.
- The business population is 8,500 and the population itself is 82,500.
- £150m invested in Calderdale Transport Improvement programme.
- A629 Halifax to Huddersfield: allocated £120m for transport and accessibility improvement.
- Bus priority changes to improve traffic flow.
- Improvements at the A629 / A6026 Calder and Hebble junctions.
- Improvements to Junction 24 of the M62.
- New express bus services between Halifax and Huddersfield.
- Improvements expected to generate 1,740 new jobs by 2026.