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Pikes Lane, Glossop, Derbyshire, SK13

North West

£160,000
Listed on 26/03/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
813 sqft

Description

Situated within a short stroll from the heart of Glossop, this end-terrace cottage, constructed from stone, offers a promising canvas for those interested in renovation. With two well-proportioned double bedrooms, this property stands out as an attractive investment opportunity due to its considerable potential for modernisation. The layout spans two floors, allowing for versatility in redesigning spaces according to personal taste and lifestyle needs. The ground floor features an entrance porch leading to a sizeable lounge and an expansive kitchen/dining area with convenient access to the garden and essential understairs storage. The upper floor hosts two spacious double bedrooms alongside a three-piece shower room. Outdoor areas include a quaint front garden and a low-maintenance rear paved garden equipped with two useful outbuildings. Proximity to local amenities, such as reputable schools, shops, cafes, and leisure facilities in Glossop enhances the appeal for both residents and potential investors. Furthermore, the location at the edge of the Peak District National Park opens up opportunities for outdoor activities while maintaining excellent transport links to Manchester Piccadilly for commuters.

Investment Analysis

(SK13 area)

Below Market Value

This property is priced -29.1% below area average per sq ft

-29.1%
Potential saving
This Property
£197/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£248,302
10% above area average per sq ft
Potential ROI
+30.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (SK13)

Area prices are stable by -0.3% over the last 12 months
3 year growth: +10.8%
5 year growth: +28.2%
Investment Disclaimer: Analysis based on SK13 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

Pikes Lane, Glossop, Derbyshire, SK13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 over 30 years at 4.06% 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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