Lodge Lane, Hyde
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- TO BE SOLD UNDER AUCTION TERMS
- RENOVATE AND RE SELL
- HIGHLY DESIRABLE AREA
- VACANT
- HIGH YEILDING RETURNS
Description
TO BE SOLD BY ONLINE AUCTION ON 9TH – 10TH SEPTEMBER UNLESS SOLD PRIOR UNDER AUCTION TERMS.
51 Lodge Lane, Hyde, SK14 4JX
An exciting opportunity to acquire a vacant two-bedroom property offering significant scope for improvement and value enhancement, making it particularly attractive to investors, developers and landlords.
The accommodation comprises a lounge, kitchen/diner, two bedrooms and a bathroom to the first floor. Externally, the property benefits from gardens to both the front and rear, further adding to its appeal for both future tenants and owner-occupiers.
Requiring a programme of modernisation, the property provides purchasers with an excellent opportunity to refurbish to their own specification and potentially add significant capital value. Once improved, strong surrounding residential values provide an attractive potential resale opportunity, while the local rental market offers an equally compelling alternative for buyers looking to retain the property as a long-term investment.
Comparable rental properties within the area indicate a potential rent in the region of £1,000 pcm, which represents an attractive potential yield of circa 11.4% based on the guide price.
Lodge Lane is conveniently located for a range of local shops, schools and amenities, with Hyde town centre within easy reach. Good transport connections provide access towards Stockport and Manchester, together with the M67 and wider M60 motorway network.
With vacant possession, strong rental potential and excellent scope to add value, this is a fantastic opportunity for buyers looking for a project with multiple potential exit strategies and considerable future potential.
Here are some similar properties taken from Land Registry which have sold close by that highlight the potential:
80, Lodge Lane, Hyde, SK14 4JX £215,000 Terraced 2 bed 0.05 mi Sold - 01/12/2025
218, Clarendon Road, Hyde, SK14 2JY £212,000 Terraced 2 Bed 0.34 mi Sold - 12/12/2025
Tenant ready property rental values in the area are in the region of £1000-£1100pcm
- 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.
- Band: A
- 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.
- Yes
- 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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Lodge Lane, Hyde
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Visit our security centre to find out moreDisclaimer - Property reference EM-170569. 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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