2 bed Terraced House For Auction

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