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Get brand editions for Edward Mellor Ltd, Auction

Hyde Road, Denton, Denton

PROPERTY TYPE

Block of Apartments

BEDROOMS

4

BATHROOMS

3

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • TO BE SOLD BY ONLINE AUCTION
  • Tenanted Investment Property
  • Reportedly Generating £26,400 Per Annum!
  • 15% Yield Based Off Guide Price
  • Office Unit & x2 Residential Flats
  • Prominent Central Location

Description

TO BE SOLD BY ONLINE AUCTION ON 9-10TH SEPTEMBER 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS


103 Hyde Road, Denton, M34 3BB


An excellent opportunity for investors to acquire a substantial three-unit investment property on Hyde Road, Denton.


The property is producing a combined rental income of £2,200 per calendar month / £26,400 per annum, equating to an approximate gross yield of 15.5% based on the guide price! (Confirmed with tenancy agreements)


Extending to approximately 1,446 sq ft, the property provides three individual units, with the ground-floor accommodation currently being utilised as office space and the remaining accommodation arranged as residential flats. 


**VIRTUAL VIEWING COMING SOON**


Each unit is set up as the below;

103A – £650 PCM

Ground-floor unit currently utilised as office accommodation, comprising two generously sized rooms, kitchen and shower room. The accommodation may offer potential for residential use, subject to any necessary consents.

103B – £950 PCM

Two-bedroom flat comprising two double bedrooms, lounge, kitchen and bathroom.

103C – £600 PCM

Residential unit comprising bedroom accommodation, reception room, kitchen and bathroom.

Total Rental Income: £2,200 PCM / £26,400 PA!


The property occupies a prominent position on Hyde Road in Denton, with convenient access to local amenities, Crown Point Retail Park and transport connections throughout Greater Manchester.


With three separately occupied units, a strong reported rental return and a competitive price, the property represents an appealing opportunity for buy-to-let, portfolio and yield-focused investors.  

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Hyde Road, Denton, Denton

Approximate location

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Affordability

Monthly repayments£853
Property: £ 170,000
Deposit: £ 17,000
Interest rate: 5.33%
Term: 30 years
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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.
Renovation potential
Recently sold & under offer
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About Edward Mellor Ltd, Auction

65-81 St Petersgate, Stockport SK1 1DS
Industry affiliations:

Edward Mellor is a well established company, founded in 1985 by the eponymous Edward Mellor with his first office in Reddish, Stockport. Over the years we are proud to have become Stockport and Tameside?s leading property services company. Our growth and success has been underpinned by investment in technical innovation and investment in our people and services.

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Disclaimer - Property reference EM-169979. 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.”

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