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Norfolk Street Hyde, Hyde - Image 1
Norfolk Street Hyde, Hyde - Image 2
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Norfolk Street Hyde, Hyde

North West

£99,000
Listed on 18/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
982 sqft

Description

This mid-terrace property presents a noteworthy opportunity for renovation and investment within a well-established area of Hyde. The home features two generously sized double bedrooms, alongside a hall, lounge, dining room, kitchen, cellar, and a bathroom, with front and rear yards adding to its appeal. Notably, the spacious landing could potentially be transformed into a third bedroom with the necessary permissions. Located within walking distance of Hyde town center, this property offers convenient access to essential amenities such as local shops, schools, and transport links including both Hyde Central and Flowery Field train stations. The proximity to the M67 motorway enhances commuting options to Manchester and beyond. Currently vacant and in need of modernization throughout, this property provides an ideal canvas for investors or homeowners seeking to enhance its value. Once updated, it is positioned to attract interest in the local rental market where similar properties are achieving rents around £950 per month. Furthermore, first-time buyers are increasingly drawn to this area due to its affordability. Hyde's appeal is bolstered by ongoing investments in the region that promise growth potential. This property stands out as a worthwhile project for those looking to renovate for resale or retain as a high-yield buy-to-let investment. Comparisons with similar sold properties in the vicinity indicate significant value enhancement possibilities post-renovation. Overall, this property represents a unique chance for renovation enthusiasts or savvy investors looking for opportunities in a promising location.

Investment Analysis

(SK14 area)

Below Market Value

This property is priced -59.4% below area average per sq ft

-59.4%
Potential saving
This Property
£101/sq ft
Area Average
£249/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£268,538
10% above area average per sq ft
Potential ROI
+93.2%
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

Norfolk Street Hyde, Hyde
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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
£363
Based on a loan of £74,250 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.

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