23, Back Moor, Mottram Hyde, SK14 6LF

Description

23, Back Moor, Hyde, SK14 6LF

An excellent opportunity to acquire a vacant extended property situated on Back Moor in Hyde, offering considerable scope for refurbishment and improvement.

In brief it comprises; Porch, lounge, dining room, Kitchen, bathroom and two double bedrooms. Garden.

The property is in need of works throughout, making it particularly well suited to developers, builders and investors looking for their next project. The existing extension provides additional accommodation and, following a programme of refurbishment, the property offers good potential for resale or retention as a buy-to-let investment.

Tenure / Property Information

Council Tax Band: A; Tenure: Freehold

Investment Analysis

HB analysis uses the supplied Edward Mellor scrape as the primary property source. Auctioneer facts are separated from HB desktop estimates; all figures should be verified before bidding.

Investment Snapshot

Market Comparables

9, King Street, Hyde, SK14 8JT £210,000 Terraced 2 Beds 0.90 mi Sold - 23/01/2026

55, Broadbottom Road, Hyde, SK14 6JB £200,000 Terraced 2 bed 0.37 mi Sold - 23/01/2026

HB Base GDV £205,000 is based on the median of sold comparables quoted in the auctioneer’s scraped description.

Proposed Works

HB desktop works allowance: £20,000. Allow for inspection-led repairs, decoration, safety/compliance items and contingency.

Rental Value

Tenant ready property rental values in the area are in the region of £850 - £900 pcm

Low / Base / High Investment Scenario

BTL Analysis

At the starting bid, the gross yield is 11.1%.

BRRR Analysis

Using a 75% refinance against the HB base GDV gives indicative refinance proceeds of £153,750. Against purchase plus works of £115,000, indicative cash left in is £-38,750. Finance, tax, legal fees and lender valuation haircuts are excluded.

Flip Analysis

At the HB base GDV, after purchase plus works and an indicative 2% selling allowance, the pre-finance/pre-tax flip surplus is approximately £85,900. This is a screening figure, not a formal valuation.

Maximum Bid Indicator

HB Desktop Screening Ceiling: approximately £150,150. This is a desktop screening ceiling only, not a formal valuation or instruction to bid; SDLT, finance, legal fees and property-specific abnormal costs must be added separately.

Strategy Recommendation

Most relevant strategy: BTL / BRRR. The choice reflects the scraped condition/occupancy narrative, available rent evidence and the relationship between the starting bid, works allowance and HB base GDV.

Strategy Rating

BTL ★★★★★; BRRR ★★★★☆; Flip ★★★★☆

Key Risks

• tenancy status, arrears and possession position require legal verification

Analysis Confidence

Medium-High. Confidence reflects the quality of the supplied listing information, embedded coordinates/images, and the amount of sold/rental evidence captured in the scrape.