Basics
- Category: Halifax
- Type: Apartments
- Status: Off-Plan
- Completion: Q1 2025
- Bedrooms: 1 Bed, 2 Beds
- Gross Yields: 19%
Description
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Description:
Rawson Mill is a Beautiful Mill Originally a worsted Mill Built between 1825 and 1828, It was one of the largest in Halifax and was the first in the country to be built with an Iron frame. The development will see this old Mill turn into a stunning Mill conversion consisting of 58 Apartments & 2 Semi- Detached houses.
Investment Highlights
- Investment Highlights: Short term let approved. Halifax is currently going through huge regeneration which will increase desirability, including a £35 Million investment in Broad Street plaza for Phase 1, the construction of a £9 million new central library, £40 million committed to improvements to Halifax Railway station, and a new £60 million mixed-use development at Crosslee Park. This development is expected to create 140 full-time equivalent jobs during its 4-year construction and more than 200 jobs per annum thereafter. Additionally, there's a £17.7 million redevelopment of Halifax bus station and a £120 million improvement to the A629, which runs from Halifax to Huddersfield. It's estimated that this scheme will create over 1,700 jobs by 2026. Furthermore, Halifax is benefitting from the ‘Think You Know Halifax’ project to rejuvenate the town centre, which will see £200 Million invested.
Location Highlights
- Location Highlights: Located next to Dean Clough, there are 150 businesses employing 4,000 people within its premises. Covering 22 acres, it consists of 16 renovated grade II listed Mills and landscaped open spaces. Additionally, there are nine eating and drinking establishments available. Its convenient location offers a 10-minute walk to Halifax Train station and just a 5-minute walk to Halifax bus station.
Property Highlights
- Property Highlights: The mill conversion project is scheduled for completion in the first quarter of 2025. Short-term lets are permitted within the development. The regeneration effort amounts to a total investment of £200 million. The development will feature 38 one-bedroom units, 20 two-bedroom units, and 2 semi-detached houses. An affordable payment plan option will be available for potential buyers or renters.
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