Martins Mill
Halifax, UK

Our latest buy-to-let hotspot investment

Last units available

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    Apartments from £72,950

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    Yields of 8% p.a. insured for 12 months

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    Award-winning developer

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    Fully managed by a local agency

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    Walking distance to station and all local amenities

Halifax’s latest landmark residential development

Martins Mill is a brand-new residential conversion of a locally famous and historic mill building, in the West Yorkshire town of Halifax. This six-storey mill, built in the late 1800s, is set to be transformed into just 60 unique apartments, with the majority enjoying spectacular views of the rolling hills of the Shibden Valley.

Just a few minutes’ walk from the shops, bars and restaurants of Halifax town centre, Martins Mill has been designed specifically to cater to Halifax’s growing professional population, including the steady influx of contract workers employed by Lloyds Banking Group at the nearby Halifax head office.

Prices start from just £72,950, providing exceptional value compared to similar properties in the local area. 75% LTV is available on this investment (subject to status), allowing buyers to invest from just £18,250.

The apartments are fully managed by an existing local management company, with a gross yield of 8% - insured for 12 months. Construction is being undertaken by award-winning developers, Mandale, with completion expected Autumn 2018.

The Daily Mail has heralded Halifax as being 'back in business and The Yorkshire Post recently coined 'the Piece Hall effect' with local agents noting 'investors tempted by the prospect of high rental yields'.

Medium-sized regional towns only have a chance every 75 years to do the kind of thing that Halifax is attempting. What has already been achieved is undeniably impressive, but all stakeholders - including residents, councillors, local businesses, and private investors – are committed to taking it further still.

A combination of fortunate timing, dedicated local players, hard graft, and the unlimited potential of the town’s historical assets has brought a range of integrated redevelopment schemes forward in recent years.

Halifax is a town that blends the old with the new and this is exactly what is Martins Mill will reflect: modern living in historic surroundings.

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