Property investment is a popular choice for many people, and Halifax has become an attractive area to invest in. Here’s why…
Halifax is a beautiful town located in the Metropolitan Borough of Calderdale. With its close proximity to major cities such as Leeds and Bradford, it offers easy access to the amenities of city life while still enjoying all that rural living can offer.
Did you know that Rightmove recently ranked Halifax as ‘one of the happiest places to live’? With its thriving arts scene, cosy cafes and pubs, friendly locals, and picturesque landscapes – there’s no shortage of reasons why Halifax is such an attractive town!
Property Market:
According to PropertyData, house prices in Halifax have increased by 14% in the last 5 years, making the average house price £145,925. Which is well below the UK average of £285,000, showing affordability in the area.
The housing market in Halifax has been rising steadily over recent years, mainly due to increased demand from buyers looking for affordable homes within commuting distance of larger towns and cities nearby.
Transport Links:
There are excellent transport links in Halifax; the M62 motorway runs through Halifax providing easy access for road users travelling to & from surrounding cities such as Leeds, Manchester, Liverpool and Hull. Furthermore, Halifax offers regular public transport service, including the bus, which operates throughout the town, and Halifax Train Station, which provides direct access to surrounding cities. This allows Bradford to reach 15 mins, Leeds within 35 mins, and Manchester in 60 mins.
Economy & Regeneration:
Halifax has a strong economic presence due to its proximity to Leeds and Manchester, with its combined worth totalling over £150 billion. The town is a ‘hub for banking and commerce’ with Halifax Bank originating here.
Additionally, plenty of SMEs are in the town; Northgate Development and Dean Clough Business Centre have facilitated them by hosting 150 businesses. Furthermore, over £200 million is being spent on regeneration in Halifax to improve the town centre, further boosting the town’s economy. The Calderdale Government said, ‘Our Vision2024 for Calderdale is for it to be a place where talent and enterprise can thrive; a place defined by kindness and resilience; a place that’s full of hope and distinctive like no other.’
Halifax Investment Opportunity
We have just launched a fantastic, completed, and tenanted development in Halifax, offering 65 modern apartments, at prices from £89,950.
Located close to the Town centre, this development has easy access to various local amenities, making it an ideal place for tenants looking for convenience.
Investing in property provides short-term returns through rental income and long-term capital growth potential, making it a great option if you’re looking for steady profits. Don’t miss out on your chance to invest in this fantastic opportunity – contact us today!
