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Guywood Lane, Romiley

North West

£240,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
674 sqft

Description

This detached bungalow is perched on a generous plot in a desirable neighborhood, offering striking views over Mellor and the surrounding landscape. The property presents an excellent opportunity for those looking to invest or undertake a renovation project. With no onward chain, this home invites you to explore its potential. The interior currently features two well-sized bedrooms along with two reception rooms, which could easily be reconfigured to suit modern living preferences. A separate kitchen and a contemporary wet room complete the layout, providing essential elements that can be updated or expanded upon according to your vision. Outside, the property offers ample space. The front yard includes a lawn area, while the expansive rear garden features both a lawn and patio space—ideal for creating an outdoor retreat or entertaining area. Additional advantages include a detached garage for storage needs and a driveway that accommodates multiple vehicles. Conveniently located near local shops and public transport links, including Romiley train station within walking distance, this property ensures easy accessibility to Stockport town center and its diverse offerings. The investment potential is underscored by recently sold properties in the area, suggesting robust market activity and healthy demand. This bungalow is not just a residence; it’s an opportunity to create your ideal home or increase your investment portfolio in a thriving community.

Investment Analysis

(SK6 area)

Above Market Value

This property is priced +7.8% above area average per sq ft

+7.8%
This Property
£356/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£288
Avg Yield
3.6%

Renovation Potential

Est. Renovation Cost
£24,000 - £60,000
10-25% of property value
Target Value
£244,921
10% above area average per sq ft
Potential ROI
-18.4%
After renovation
Monthly Sales
39
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (SK6)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 7.2%
5 year growth: 28.7%
Investment Disclaimer: Analysis based on SK6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Guywood Lane, Romiley
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