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2 bed property
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Price History
Our Summary
- To be sold under auction terms
- Potential for great return
- TO BE SOLD BY ONLINE AUCTION ON 10TH – 11TH JUNE UNLESS SOLD PRIOR UNDER AUCTION TERMS
- 167-169 Market Street, Hyde, SK14 1HG A substantial mixed-use investment opportunity occupying a prominent position within Hyde town centre, comprising two ground floor commercial units together with two self-contained residential flats above
- The remaining flat and commercial unit provide excellent potential for additional rental income, offering buyers the opportunity to further enhance the overall return
- The commercial unit currently used for storage also presents scope for a significantly improved rental figure if secured on a longer-term commercial lease, making this an attractive asset management opportunity for investors seeking to increase income and add value
- With part income already in place and clear scope to increase rental returns, this represents an excellent opportunity for investors, landlords, and developers alike
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Description
The property is a mixed-use building located at 167-169 Market Street, Hyde, consisting of two ground floor commercial units and two self-contained residential flats above. The commercial units and one residential flat are currently let, with the residential flat generating £600 per month and one commercial unit generating £350 per month. The remaining flat and commercial unit offer potential for additional rental income.
The property's prominent location in the town centre benefits from strong footfall and close proximity to shops, transport links, and local amenities.