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5 reasons why it just has to be Halifax

July 9, 2018Article by Paul Avery

Here at Property Frontiers we have taken Halifax to our hearts with the team making regular visits to our hugely successful buy-to-let developments of Martins Mill and One Park Road as well as meeting regularly with members of Calderdale Council and the Mayoress of Halifax.

Just as Barry Collins, Cabinet Member for Regeneration & Economic Strategy at Calderdale Council said exclusively to Property Frontiers, ‘Quality of life is Halifax’s unique selling point’, and we whole-heartedly agree which is why we have identified 5 of the many reasons why it just has to be Halifax when it comes to selecting an investment location.

  1. Culture

By day, Halifax is a town of culture – home to Eureka! The National Children’s Museum, Calderdale Industrial Museum, independent art galleries and six theatres. After the sun sets, the town comes alive, with a sophisticated night-time economy bubbling up in Dean Clough. Sowerby Bridge is famous for its evening buzz, with the Blind Pig music venue, Hogs Head Brew House, and Gimbals restaurant clustering around trendy Wharf Street.

  1. The Townscape

The streets of Halifax are dotted with gems like the Town Hall, designed by the same architect who conceived the Houses of Parliament in London, and Wainhouse Tower, the world’s tallest folly. But the most exciting aspect of Halifax’s architecture is the fact that it is constantly changing – with plenty of exciting new projects in the pipeline. Modern additions include a new central library wrapped around a Georgian church spire, a wooden-clad youth centre with a skateboard park on the roof, and a historic redbrick chapel now adorned with a copper and glass extension housing a bar and cinema.

  1. Schools

A big part of the reason why Halifax is so attractive to young families is its roster of excellent schools. From Parkinson Lane Primary through to Trinity Academy Secondary, there are Osted-accredited Outstanding options at every stage of the educational journey. Other notable schools include two selective grammars and William Henry Smith School for children with mental health challenges. A new sixth form college, with places for more than 600 young people will occupy the former offices of Calderdale Council in the town centre, and is planned to open for the September 2019 intake.

  1. Nature

Halifax is studded with grand, leafy parks. The most central and historic is the 12.5-acre People’s Park, with its ornate events pavilion and tranquil pond. Shroggs Park is a beautifully landscaped runners’ paradise and Savile Park is the largest green space, featuring children’s activities and a full calendar of community events.

The town also boasts a backdrop of breath-taking countryside. The delights of Shibden Valley, the South Pennine Moors, and the Bridleway National Trail draw nature lovers and adrenaline junkies from around the country to rub shoulders with local fitness buffs and weekend walking groups. The area is also a magnet for cyclists: the final leg of the Tour de Yorkshire cycling event kicked off from Piece Hall this year.

  1. Families and the Private Rented Sector

The English Housing Survey 2016/17 finds that the proportion of 25-34-year-olds renting privately has risen from one quarter to almost half since 2006/7, while the proportion among 35-44-year-olds has nearly tripled to 29%. Although younger people still dominate the private rental market, the cohort joining the sector the fastest is of a more mature, child-bearing age. This trend is certainly seen within Halifax with families demanding better provision of high-quality rental accommodation that is well-maintained and safe, close to good schools and amenities.

 

One Park Road

It is for exactly these 5 reasons (and more) why out latest Halifax buy-to-let opportunity, One Park Road, has proved so popular.

At the end of a quiet cul de sac, a hop, skip and jump from one of the area’s finest parks, and within a network of excellent schools, One Park Road offers both privacy and community, while its spacious open-plan layouts are arranged so that most apartments receive natural light on multiple sides and have easy elevator access.

Priced below market value from £75,950, these spacious modern homes are ideal for Halifax’s young families and professionals alike whilst the £7,200 gross rental income expected per annum will no doubt excite investors.

With a limited number of units remaining and completion due this summer, please do get in touch today to find out more.

Author

Paul Avery

Paul joined us in 2016 to lead our in-house research efforts, producing reports and guidance for clients as well as the strategic market analysis behind our new project launches. His background is in sustainability in the construction sector, and he is currently being trained in property valuation to further bulk up his investment creds.
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