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Pikes Lane, Glossop, Derbyshire SK13 - Image 1
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Pikes Lane, Glossop, Derbyshire SK13

North West

£160,000
Listed on 28/03/2026

Property Details

Bedrooms
2
Type
End Terrace
Area
813 sqft

Description

This two-bedroom end-terrace stone cottage is conveniently located just a short stroll from the amenities of Glossop town centre, making it a notable investment opportunity for those interested in renovation. The property is ripe for modernisation and offers ample potential for transforming into a personalised residence. With a comprehensive refurbishment plan, buyers can capitalise on its character and space to create a charming home that meets contemporary needs. The layout consists of an entrance porch leading into a generously sized lounge and a spacious kitchen/dining area at the rear, which benefits from practical understairs storage and direct access to the garden – perfect for outdoor entertainment. Upstairs, you will find two well-proportioned double bedrooms alongside a three-piece shower room, providing essential comfort. Outside, the property features a quaint cottage-style front garden and a low-maintenance paved garden at the rear, complete with two useful outbuildings that could be repurposed. Given its proximity to the Peak District National Park, residents can enjoy scenic walks while being well-connected to Glossop's vibrant community through excellent transport links to Manchester Piccadilly.

Investment Analysis

(SK13 area)

Below Market Value

This property is priced -28.7% below area average per sq ft

-28.7%
Potential saving
This Property
£197/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£231
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£246,693
10% above area average per sq ft
Potential ROI
+12.1%
After renovation
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

Pikes Lane, Glossop, Derbyshire SK13
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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
£567
Based on a loan of £120,000 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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