Introduction to Buy to Let in Huddersfield
Huddersfield, situated between Leeds and Manchester, is the largest town in Kirklees and boasts a population of around 160,000. Known for its rich industrial history, Huddersfield is experiencing a modern-day revival with substantial investments in infrastructure, housing, and education. The town is also home to a diverse community and the University of Huddersfield, making it popular among students and professionals. For buy-to-let investors, Huddersfield presents opportunities for rental yields in a developing market with plenty of amenities and an expanding population. This guide outlines what makes Huddersfield a compelling investment destination in the North of England.
Developments: Buy to Let in Huddersfield
Here’s a summary of each development 365 Invest currently has available for buy to let in Huddersfield:
- Longwood Mill: This conversion project revitalises a historic mill building in Huddersfield, transforming it into modern, high-quality apartments. Longwood Mill combines industrial charm with contemporary design, offering tenants unique and spacious living spaces. The development is located close to transport links, making it an attractive option for professionals commuting to nearby cities. Investors can expect strong demand due to the property’s character, location, and quality finish, as well as competitive rental yields.
- Student Vision: Situated near the University of Huddersfield, Student Vision is a purpose-built student accommodation development designed with modern amenities to cater to the town’s large student population. The property offers a range of living spaces and includes communal areas to foster a sense of community. Its close proximity to campus makes it a convenient choice for students, ensuring steady demand and consistent rental income for investors. With an appealing location and features that suit the needs of students, Student Vision presents a solid opportunity in the student rental market.
Student Population in Huddersfield
The University of Huddersfield plays a significant role in the town’s economy and rental market, with over 20,000 students enrolled. Known for its emphasis on employability, the university attracts students from both the UK and abroad, adding to the town’s multicultural vibe. Many students live off-campus, resulting in strong demand for rental properties, especially in areas close to the university like Moldgreen, Newsome, and Aspley.
Student accommodation provides a stable and potentially lucrative option for investors looking at buy to let in Huddersfield, with student rentals generally requiring less in terms of property quality and aesthetics while still commanding reliable yields. Purpose-built student accommodation has also grown, with modern developments offering premium amenities. The consistent influx of students each academic year provides an ongoing source of demand, making the city’s student population a key factor for investors to consider when looking at buy to let in Huddersfield.
Public Transport in Huddersfield
Huddersfield is a well-connected town with efficient public transport systems that make commuting convenient for residents. The town has a busy train station that provides direct links to major cities like Leeds, Manchester, and Sheffield, all within an hour’s commute. This connectivity appeals to young professionals working in nearby cities, many of whom seek rental properties close to transport links, thus increasing demand in the area.
Additionally, Huddersfield benefits from an extensive bus network that services both urban and rural areas. Transport hubs around the town centre make commuting easy, even without a car. The Kirklees Council is also focusing on sustainable transport options, with plans to expand walking and cycling infrastructure, reducing traffic congestion, and making Huddersfield an environmentally friendly choice for potential renters.
Tourism in Huddersfield
Huddersfield’s tourism industry adds another layer of appeal for buy-to-let investors. While not as widely known as some tourist hotspots, Huddersfield has a thriving visitor scene, especially for fans of Victorian architecture, history enthusiasts, and outdoor adventurers. The town is close to the Peak District National Park and boasts attractions like Castle Hill, a historic site offering panoramic views of the region.
Cultural landmarks such as Huddersfield Art Gallery, Tolson Museum, and the Lawrence Batley Theatre provide entertainment and education, attracting visitors throughout the year. The town also hosts various events and festivals, which boost tourism and demand for short-term rental properties, creating opportunities for holiday lets. As tourism continues to grow, short-term rentals are becoming a viable option for investors looking to capitalise on buy to let in Huddersfield and its appeal as a lesser-known but charming tourist destination.
The Future of Huddersfield
Huddersfield’s future looks bright as continued investment in infrastructure and development projects are expected to transform it into a modern Northern hub. The Kirklees Council’s commitment to projects such as the Huddersfield Blueprint suggests the town will undergo significant upgrades, potentially increasing property values and rental yields in the coming years.
Moreover, Huddersfield’s emphasis on sustainability and green initiatives, such as expanded cycling routes and eco-friendly transport, is likely to enhance its appeal to environmentally conscious residents. This shift towards sustainable living can help boost Huddersfield’s profile as a desirable and forward-thinking place to live, making it an attractive choice for a broad range of potential tenants.
Conclusion to Buy to Let in Huddersfield
Buy to let in Huddersfield offers unique investment opportunities, thanks to its growing student population, increasing infrastructure developments, and strong transport links. The Kirklees Council’s ambitious plans and the presence of a major university contribute to the town’s long-term growth potential, making it an appealing option for investors seeking reliable rental income and the possibility of capital appreciation.
With a bright future ahead, Huddersfield stands out as a promising location in the buy-to-let market, providing an attractive option for investors looking to capitalise on a vibrant town with plenty of growth potential.
* Current available developments last updated October 2024.