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Bank Street, Broadbottom, Hyde, Greater Manchester, SK14 - Image 1
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Bank Street, Broadbottom, Hyde, Greater Manchester, SK14 - Image 8

Bank Street, Broadbottom, Hyde, Greater Manchester, SK14

North West

£186,500
Listed on 10/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
760 sqft

Description

This charming terraced house, situated in a quiet cul-de-sac, offers an inviting opportunity for both first-time buyers and seasoned investors. The property is free from vendor chain complications, allowing for a smoother transition into homeownership or rental investment. The layout features a spacious lounge that provides a comfortable space for relaxation or entertaining guests. Adjacent to the lounge is the kitchen, which includes generous dining space—ideal for family meals or casual gatherings. This area possesses potential for modernization, enabling new owners to tailor it according to their preferences. On the upper level, two well-sized bedrooms await. The main bedroom easily accommodates a double bed, while the second bedroom serves well as a good-sized single room—suitable for children, guests, or even a dedicated home office. The bathroom features a basic three-piece suite and is ready for personalization, offering an excellent project opportunity to enhance its appeal. Location is another notable benefit of this property. Within walking distance are reliable public transport options and picturesque walking paths that provide recreational opportunities. Nestled in a cul-de-sac, the home benefits from reduced traffic flow and increased privacy, contributing to a serene living environment. The real value of this property lies in its renovation potential; it presents an excellent canvas for updates that could significantly increase its market value. This makes it particularly attractive to those looking to invest in an area with promising growth prospects. Early viewing is advised to fully appreciate the possibilities this property has to offer.

Investment Analysis

(SK14 area)

Below Market Value

This property is priced -1.3% below area average per sq ft

-1.3%
Potential saving
This Property
£245/sq ft
Area Average
£249/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£207,830
10% above area average per sq ft
Potential ROI
-4.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (SK14)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 10.5%
5 year growth: 31.8%
Investment Disclaimer: Analysis based on SK14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Bank Street, Broadbottom, Hyde, Greater Manchester, SK14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£683
Based on a loan of £139,875 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE