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2 Bed Terraced House, Single Let, Hyde, SK14 5QS £55,000

5, Lilly Street, Hyde, SK14 5QS - 13 views - 9 months ago
  1. Deal Search
  2. Hyde
  3. SK14
  4. SK14 5QS
Auction
BTL
ROI: 28%
76 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Hyde
  • More Deals in SK14
  • More Single Let Deals
  • More Single Let Deals in Hyde
  • More Single Let Deals in SK14

Property History

Listed for £55,000

April 4, 2025

Description

  • TO BE SOLD UNDER AUCTION TERMS +
  • HIGHLY DISIRABLE AREA +
  • COTTAGE DATING BACK TO 1862 +
  • BUY TO LET +

TO BE SOLD BY ONLINE AUCTION ON 23 RD APRIL 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS AND CONDITIONS 5, Lilly Street, Hyde, SK14 5QS Not inspected by Edward Mellor. Cottage dating back to 1862 and reported to comprise; accommodation over two floors with large porch, lounge, dining kitchen, utility room and WC on ground floor, two bedrooms and bathroom on first floor. It presents an excellent investment opportunity in a popular residential area. This two-bedroom terraced property is being sold with tenants in situ; tenancy agreement has been requested. Hyde is a thriving town within Greater Manchester, offering excellent connectivity via road and rail, with easy access to the M67 and M60 motorways. Manchester city centre is approximately 25 minutes away, making it an attractive location for commuters. The area has seen steady property price growth in recent years, with high rental demand driven by professionals and families seeking housing with great access to the city. The property is being sold as seen and there is no internal access to the property. Buyers should conduct their own due diligence before bidding.

Here are some similar properties taken from Land Registry which have sold close by that highlight the potential: 171, Stockport Road, Hyde, SK14 5RA-Sold - 28/10/2024 £168,000 Terraced 2 beds 0.17 mi 14, Meadow Street, Hyde, SK14 1RA- Sold - 01/07/2024 £145,000 Terraced 2 beds 0.31 mi 4, Smithy Fold Road, Hyde, SK14 5QY- Sold - 07/06/2024 £130,000 Terraced 2 beds 0.08 mi Tenant ready property values in the area in the region of £800pcm.

Agent Details

Edward Mellor Ltd, Auction

0161 524 2443

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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