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Lumn Road, Hyde, SK14 2RW - Image 1
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Lumn Road, Hyde, SK14 2RW

North West

£180,000
Listed on 21/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terrace property offers an excellent foundation for renovation, making it an attractive option for both first-time buyers and investors seeking a project with potential for significant returns. Situated in a well-regarded residential area of Hyde, the location benefits from proximity to local amenities, transport links, and green spaces, enhancing its appeal for future occupants. The property features spacious rooms with high ceilings, contributing to a welcoming atmosphere. While it currently requires some modernisation, this presents an opportunity to tailor the interiors to suit contemporary tastes. The traditional layout allows for creative redesign possibilities that could enhance both functionality and aesthetic appeal. With strategic updates and renovations, this home could easily evolve into a stylish residence or serve as a desirable rental unit within the market. Properties in this area are often sought after, and investing here could yield strong results. Viewings are encouraged for those interested in exploring the transformative potential of this property. Additionally, the council tax band is A, making it a financially sensible choice for homeowners or renters alike.

Investment Analysis

(SK14 area)
Area Average
£249/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
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

Lumn Road, Hyde, SK14 2RW
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£659
Based on a loan of £135,000 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