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Grosvenor Road, Hyde, Greater Manchester, SK14 5AB

North West

£195,000
Listed on 04/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This 2-bedroom end terrace home presents an exciting opportunity for renovation and investment in the sought-after village of Gee Cross. Its prime location offers easy access to a vibrant community, complete with unique shops, cozy cafes, and efficient transport links that enhance the appeal of the area. Upon entering, a long hallway welcomes you into the property, leading to a first reception room on one side. Continuing through, you'll find a second reception space and a galley kitchen that together create a functional layout with potential for modernization or reconfiguration. The upper level features two spacious bedrooms along with a bathroom equipped with a shower—ideal for updating to personal taste. One of the standout features of this property is its generous side plot, made possible by its end-terrace position. This expansive outdoor space not only provides low-maintenance courtyard options but also offers significant potential for development—whether it's extending the existing structure (subject to planning permission), adding off-road parking, or creating a private garden retreat. This home is particularly suited for first-time buyers willing to invest time and effort into renovations or for investors looking to maximize returns in a desirable location. With creativity and some updates, this property could transform into a charming residence brimming with character. Opportunities such as this one are rare in such a coveted area, making it worthwhile to schedule a viewing and explore the potential awaiting you here.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Grosvenor Road, Hyde, Greater Manchester, SK14 5AB
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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
£714
Based on a loan of £146,250 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.

Next Steps

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