A landmark mill reborn as 64 luxury apartments – blending heritage architecture, high-end design and strong investment fundamentals. Perfectly positioned between Manchester and Leeds, Parkwood Mill brings together timeless character, modern specification, and exceptional returns in one of the UK’s most dynamic regional growth locations.
From £138,950 | 7-9% projected yields | Completion Q1 2026 | 10% deposit to exchange
Parkwood Mill is a carefully crafted conversion of historic mill buildings set within the picturesque hills of Huddersfield. Once a symbol of Yorkshire’s industrial strength, this collection of period structures is now being transformed into 64 luxury one- and two-bedroom apartments – homes that pair original architectural charm with contemporary interiors designed for today’s renters.
Set between the villages of Golcar and Longwood, just minutes from Huddersfield town centre, the development balances peace and connectivity. It’s a place that celebrates local heritage while meeting the modern expectations of tenants – energy efficiency, smart technology, security, and design-led finishes.
For investors, Parkwood Mill is more than just a residential address. It’s a high-demand, low-supply opportunity in a commuter corridor connecting two of the North’s economic powerhouses – Leeds and Manchester – and backed by regeneration that’s reshaping the region.
7-9% projected yields based on strong tenant demand and low running costs.
999-year leasehold with a low £1.50 psf service charge, reducing long-term outgoings.
Prices from just £138,950 with only 10% deposit required to exchange.
24.5% forecast capital growth to 2029 (Savills).
This exclusive collection of apartments is spread across beautifully converted mill buildings, designed with respect for the site’s industrial past. Each residence has been meticulously planned to maximise space, natural light, and liveability – qualities that make the homes as appealing to tenants as they are rewarding to investors.
Huddersfield is known for its rich culture, beautiful landscape, and thriving local community. At Parkwood Mill, residents enjoy the best of both worlds – peaceful village surroundings within easy reach of city life. Independent cafés, artisan shops, and open green spaces sit alongside the modern essentials: supermarkets, gyms, and excellent transport connections.
The development’s proximity to major employers, hospitals, and universities creates a strong tenant base of professionals, key workers, and postgraduates – a demographic proven to prioritise quality, connectivity, and security. For those priced out of Manchester and Leeds, Huddersfield offers more space, better value, and a slower pace without compromise.
Huddersfield has quietly become one of the North’s smartest property investment plays. Situated equidistant between Manchester and Leeds, it offers affordability and access that appeal to renters and investors alike.
With direct rail connections to Manchester in 25 minutes and Leeds in 33, Huddersfield has become a natural choice for professionals seeking a balance of value and convenience. The M62 motorway and regional transport improvements further strengthen its connectivity.
Huddersfield is benefitting from a once-in-a-generation transformation. The £1bn Huddersfield Blueprint regeneration strategy is driving major improvements across retail, transport, housing and leisure. The £262m Our Cultural Heart project is creating a new civic destination of galleries, performance spaces and restaurants, while a £15m expansion of the Royal Infirmary is bringing hundreds of new healthcare jobs and expanded facilities.
While nearby cities command high entry prices, Huddersfield remains undervalued. Savills projects 24.5% growth by 2029, supported by regional regeneration and increased inward migration. For investors, that means real potential for both income and capital appreciation.
Parkwood Mill is designed to deliver immediate and sustained income. With entry prices from £138,950 and achievable yields of 7-9%, investors can expect consistent cash flow supported by low service charges and strong regional demand.
The 999-year leasehold term and competitive running costs make Parkwood Mill a low-barrier, long-term opportunity. The scheme is also approved for short-term lets, giving investors flexibility to pursue higher-yielding rental models without compromising occupancy.
Example structure:
This structure enables investors to secure units at today’s pricing with minimal upfront capital – and capitalise on price growth through the build period.
The transformation of Huddersfield is more than cosmetic; it’s structural. From transport upgrades to cultural investment, the Blueprint strategy is repositioning the town as a major Northern hub.
£1bn+ regeneration: reshaping the town centre and public realm.
£262m Cultural Heart: creating new civic, retail, and entertainment districts.
£15m hospital expansion: boosting healthcare capacity by 50%
New infrastructure investment: improving rail and road connectivity across West Yorkshire.
These initiatives are already attracting new residents and businesses, driving rental demand and underpinning long-term capital growth. Investors entering the market now are well-positioned to benefit from early-stage regeneration momentum.
Kitchens
Bathrooms
Technology & Security
Parkwood Mill floorplans are available on request - to request your copy and to find out live availability at this development please contact Centrick New Homes on 0121 347 6116 (option 2) or email newhomes@centrick.com
Parkwood Mill is quaintly located between the two villages of Golcar and Longwood, within the Huddersfield commuter belt and creates the perfect harmony between working in the town of Huddersfield or further afield in Manchester, whilst enjoying the slower pace of the British countryside. Huddersfield offers commuter convenience with direct rail connections and easy motorway access via the M62. As more professionals look to escape the high costs of big cities, Huddersfield's appeal as a commuter hub continues to grow.
Centrick Invest partners with private investors to identify and access exceptional UK property opportunities. Every development we represent is subject to our 50-point due diligence framework, assessing developer track record, build quality, rental viability, and financial sustainability.
We support our investors at every stage:
Advisory & acquisition: personalised guidance to match investment goals.
Finance support: introductions to trusted mortgage brokers.
Lettings & management: fully managed solutions for UK and overseas investors.
Performance tracking: regular yield and occupancy reviews to maximise ROI
With just 64 apartments available, demand for Parkwood Mill is expected to be strong among both domestic and international buyers. Investors can choose between one- and two-bedroom configurations, each finished to a high specification and competitively priced from £138,950.
Current incentives include:
£5,000 discount on any unit for a limited period.
Free parking space (worth £7,500).
Reduced reservation fee of just £2,000.
For full pricing, floorplans and forecast yields, download the Investor Pack or speak directly with our investment team.
Members of the Centrick Invest Club receive early access to developments, enhanced insight reports, and personalised portfolio reviews. To request the full Parkwood Mill fact sheet, detailed pricing, or unit-level availability, simply register your interest below. If you’re not yet a member, our team can guide you through the simple onboarding process to unlock exclusive opportunities and events.
All information is provided in good faith and believed to be correct at time of publication. Prices, yields, and forecasts are indicative and subject to change. Property values and rental prices can go down as well as up. Past performance is not a guarantee of future results. Investors should seek independent financial and legal advice before committing to any property investment.
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If you would like to arrange to view a Centrick property please complete the form below and we will be in touch with a possible time and date that is suitable for you.
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