2 bed Block of Flats For Auction

TO BE SOLD BY ONLINE AUCTION FROM 30TH SEPTEMBER - 1ST OCTOBER 2026, UNLESS SOLD PRIOR UNDER AUCTION TERMS.

127&127a High Street West, Glossop, SK13 8HJ

A vacant residential investment comprising two one-bedroom flats, offering an attractive opportunity for investors and developers looking to improve the existing accommodation and increase its capital and rental value.

With both flats currently vacant, the purchaser has the benefit of being able to begin any works immediately without having to manage existing tenancies. Once improved, the flats could be retained as two separate buy-to-let investments, providing the potential for two individual rental income streams.

Alternatively, the completed accommodation could be resold, making the property equally suitable for buyers looking for a value-add refurbishment and resale opportunity.

The building may also offer potential for reconfiguration into multi-room accommodation or another higher-yielding rental format, subject to all other necessary consents.

The property therefore provides investors with several possible exit strategies, including improvement and resale, refinancing following works, or retention as a longer-term rental investment.

Here are some similar properties taken from Land Registry which have sold close by that highlight the potential:

Apt 5, 69, High Street West, Glossop, SK13 8AZ 1 bed flat £135,000 0.12 mi Sold - 06/02/2026

Apt 2, 69, High Street West, Glossop, SK13 8AZ £115,000 Flat 1bed 0.12 mi Sold - 06/02/2026

Tenant ready property rental values in the area are in the region of £650-£750pcm per flat