Hyde Road, Gorton
- PROPERTY TYPE
Mixed Use
- BEDROOMS
1
- BATHROOMS
2
- SIZE
Ask agent
Key features
- TO BE SOLD BY ONLINE AUCTION
- Substantial Mixed-Use Investment Property
- Combined Rental Income Of £19,894 Per Annum
- 12.4% Rental Yield Based On the Guide Price
- Ground Floor Retail Unit & 1 Bed Flat
- Prime Location
Description
TO BE SOLD BY ONLINE AUCTION ON 1-2ND JULY 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS
794 Hyde Road, Gorton, Manchester, M18 7JD
An excellent opportunity to acquire a substantial mixed-use investment property, prominently positioned on Hyde Road in Gorton.
The property is currently fully tenanted and producing a strong rental income, making it an attractive proposition for buy-to-let landlords, commercial investors and those looking to add a high-yielding asset to their portfolio.
The ground floor retail unit is let on a two-year lease, generating £10,620 per annum, while the self-contained one-bedroom flat above is currently producing £9,274 per annum, with a reliable tenant in situ and rent understood to be up to date.This provides a combined annual income of £19,894, representing an impressive approximate 12.4% rental yield based on the guide price.
The accommodation comprises a spacious ground floor retail unit together with a one-bedroom residential flat above, offering two separate income streams from one investment.
With tenants already in place, this property offers immediate income from completion and would make an ideal purchase for investors seeking a strong-yielding mixed-use asset in an established Manchester location.
Gorton is an established East Manchester location with local amenities, transport links and access into Manchester city centre, supporting strong appeal for both residential and commercial tenants.
EPC Rating C - Shop
EPC Rating D - Flat
Hyde Road, Gorton
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ryder Brow Station0.5 miles
- Reddish North Station0.7 miles
- Gorton Station0.7 miles
Notes
Disclaimer - Property reference EM-169294. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Edward Mellor Ltd, Auction. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Edward Mellor Ltd, Auction on 0161 524 2443.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”