13 Bed Apartment For Sale

Guide Price: £475,000



For sale by unconditional online auction starting on 4th November at 10:00 and ending on 4th November at 10:30



For Sale by online Auction, Is this Imposing large Detached Property Converted into 11 Apartments Strong Investment Opportunity Prime Location Near University, The property comes with the potential to convert the spacious cellars into an additional two-bedroom apartment, Bidding opens Tuesday 4th November at 10:00am



An excellent investment opportunity to acquire a substantial detached property that has been converted into 11 self-contained apartments, located in a popular and well-connected area of Huddersfield, The property comes with the potential to convert the spacious cellars into an additional two-bedroom apartment.



The accommodation comprises:

3 Studio Apartments (all with private bathrooms)

7 One-Bedroom Apartments

1 Two-Bedroom Apartment



Additional benefits include white UPVC double glazing throughout, a rear car park with space for approximately 4 vehicles, and ample on-street parking to the front of the property. The building is not listed, offering scope for future improvements or alterations.



Rental Income:

Currently 10 of the 11 apartments are let, once fully let, the property will be producing a gross annual income of £46,200.

There is scope to increase rental income in line with comparable local properties.

This is a rare opportunity to purchase a well-maintained investment property with a strong rental track record and further income potential.



Location Highlights:

Prime position on New North Road, a prestigious tree-lined thoroughfare

Walking distance to Huddersfield town centre, railway station, and University of Huddersfield

Close to major transport links

Excellent local amenities and public transport options nearby



Council Tax & Utilities:



Each of the eleven apartments at 5 Murray Road is individually registered for Council Tax, allowing for clear and independent tenant responsibility. All apartments are also equipped with their own separate coin operated electricity meters, ensuring each unit operates on a self-contained basis for power consumption.

The electric bill is currently paid by the vendors, and the costs are recovered by emptying the coin operated electric meters in each apartment, approximately every 2 to 3 months. The meters can be adjusted to cover the rise or fall of electric costs.



The vendors currently pay the water & Gas bills at a cost of approximately £3000 per annum.



Council tax bands:

Flats: 1,2,4,5,6,7,8,9,10,11:

Kirklees Council

Band: A (£1541.45)



Flat 3 is currently registered for business rates, as its been used as a letting agency office. These tenants will be vacating the property, when the property is sold. Allowing the new owners to rent the property as a residential studio.



Fire Safety Compliance:

The property at 5 Murray Road benefits from a robust and proactive fire safety management regime. A comprehensive Fire Risk Assessment is conducted every six months across the entire building, ensuring ongoing compliance with current fire safety regulations and best practices for multi-occupancy residential dwellings.

The most recent Fire Risk Assessment has been completed and is available to view within the legal pack. This ongoing commitment to fire safety provides peace of mind for both current and future owners, while also reinforcing the building's suitability for long-term residential investment.



Each of the eleven apartments at 5 Murray Road holds a current and in-date Electrical Installation Condition Report (EICR), confirming that all fixed wiring meets regulatory safety standards. These certifications provide assurance to both investors and tenants that the electrical infrastructure across the property is professionally maintained and legally compliant.

In addition, the property benefits from a valid Landlord Gas Safety Certificate, covering the central heating system and all relevant gas installations. This certificate is renewed annually and demonstrates that all gas appliances and pipework are inspected, tested, and safe for ongoing residential use.

Both the EICRs and the Landlord Gas Safety Certificate will be included in the legal pack



EPC Rating:

Flat 1 D (55)

Flat 2 C (70)

Flat 3 - TBC

Flat 4 E (52)

Flat 5 E (40)

Flat 6 E (49)

Flat 7 E (39)

Flat 8 E (46)

Flat 9 E (40)

Flat 10 E (49)

Flat 11 E (40)

Full EPC certificates will be available in the legal pack.



Current Monthly Rent (£)

Flat 1: £400pcm

Flat 2: £320pcm

Flat 3: £350pcm

Flat 4: £310pcm

Flat 5: £290pcm

Flat 6: Currently Vacant

Flat 7: £365pcm

Flat 8: £430pcm

Flat 9: £295pcm

Flat 10: £310

Flat 11: £430



Total per annum: £42,000



Many of the tenants have occupied their units for an extended period, during which time rent increases have been applied conservatively. As a result, when compared with similar properties in the local area, current rents are below market value. This provides a clear opportunity for the new owners to significantly increase the annual rental income by gradually adjusting rents to reflect current local housing prices.



For online viewings

Please view the walk around videos filmed on 30/09/2025. Interested parties are advised to view the full video tour of the property, which gives an in-depth look at all apartments and there features. Should you have difficulty locating the video, please feel free to contact our office, and we will be happy to assist you.



Please note, the tree located at the rear of the property is protected by a Tree Preservation Order (TPO)



Tenure:

Freehold



UNCONDITIONAL LOT

Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit and a 5%+VAT (subject to a minimum of £5,500+VAT) buyer's premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 56 days following the auction (unless otherwise stated).



PRE AUCTION OFFERS ARE CONSIDERED

The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.



SPECIAL CONDITIONS

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.