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Glossop Brook Road, GLOSSOP - Image 1
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Glossop Brook Road, GLOSSOP

North West

£65,000
Listed on 31/03/2026

Property Details

Bedrooms
2
Type
Apartment

Description

This two-bedroom apartment is situated within a former mill development in Glossop, a market town conveniently located southeast of Manchester and close to the stunning Peak District. The property benefits from its proximity to local amenities including shops, schools, and transport links, making it suitable for both residential living and investment potential. Currently, the building is undergoing remedial works due to reported structural issues related to an adjacent sinkhole. These complications have restricted purchases to cash buyers only. Interested investors should be aware that while the apartment features electric heating and double-glazed windows, significant refurbishment will be necessary to address ongoing structural concerns and enhance the property's overall appeal. This presents a unique opportunity for renovation-focused buyers looking to capitalize on the location's value and rental prospects.

Investment Analysis

(SK13 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£231
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SK13)

Area prices are stable by +0.4% over the last 12 months
3 year growth: +11.6%
5 year growth: +26.1%
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

Glossop Brook Road, GLOSSOP
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£230
Based on a loan of £48,750 over 30 years at 3.91% 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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