This property presents a unique opportunity for renovation-minded investors, encompassing two adjacent buildings with internal access in a prime location in Hadfield. Formerly utilized for commercial purposes before their conversion into residential use, these properties now stand as a blank canvas awaiting a comprehensive refurbishment and reconfiguration. The upper level retains the layout of a three-bedroom flat, while the ground floor offers extensive shell space for redevelopment. Additionally, there is cellar space with no prior inspection available.
The potential for varied exit strategies is significant; subject to necessary planning permissions, these buildings could be transformed into individual houses, self-contained flats, or even multi-let accommodations such as HMOs. With potential end values for flats ranging from £120,000 to £160,000 and traditional homes commanding between £170,000 and £220,000 in the area, investors can envision strong returns based on their chosen development approach.
The back garden area is particularly noteworthy, offering ample space that could be adapted into private gardens for new units or communal areas; this feature enhances the investment’s appeal further.
Located conveniently near local amenities and transport options including Hadfield railway station—linking directly to Glossop and Manchester—this dual-property offering is ideal for builders and seasoned property investors looking to capitalize on its extensive renovation potential.
