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For sale
£170,000Guide price

Hyde Road, Gorton, M12 5PS

2bedrooms
1bathroom
Terracedtype
Leaseholdtenure

Listed 18 Jun 2026 · Manchester

How the price compares

This home£170,000
Median 2 bed in M12£240k4 homes listed · £332 per sq ft
Difference-29%below the area median

Key features

  • TO BE SOLD BY ONLINE AUCTION
  • Tenanted Generating £15,800 Per Annum
  • 7 Year FRI Lease - Guaranteed Rent
  • Hands Off 9.5% Yield Based on the Guide Price
  • Refurbished and Immaculately Presented
  • EPC Rating C

About this home

TO BE SOLD BY ONLINE AUCTION ON 22ND-23RD JULY 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS 667 Hyde Road, Manchester, M12 5PS

An excellent opportunity to acquire a fully refurbished and immaculately presented tenanted investment property, currently producing a strong rental income of £1,300 per month, equating to £15,600 per annum.

The property is let on a 7-year company lease, providing a guaranteed rental income and offering a truly hands-off investment. The lease is on full FRI terms, meaning there are no landlord outgoings, making this an attractive and low-maintenance addition to any portfolio. Based on the current guide price, the property offers an impressive yield of approximately 9.5%.

Internally, the accommodation comprises an entrance hall, two reception rooms and a kitchen to the ground floor. To the first floor, there are two well-sized bedrooms and a family bathroom. Externally, the property benefits from a large rear yard.

**VIRTUAL VIEWING AVAILABLE TAKEN FROM BEFORE THE PROPERTY WAS FURNISHED**

Whether you are a seasoned investor looking for a secure and easy addition to your portfolio, or a new landlord seeking a straightforward investment with income from day one, this property is an ideal opportunity.

Recently refurbished throughout and presented to an excellent standard, this is a ready-made investment opportunity with secure income already in place. The property is fully compliant with all required certification, including EPC, gas and electrical safety, and a full copy of the lease agreement has been provided for review.

EPC Rating C

Property details

Property type
Terraced
Council tax band
A
Tenure
Leasehold
Lease remaining
828 years left
Garden
Yes

Floorplan

667 Hyde Road.jpg

Location

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  • Belle Vue Station0.3 mi
  • Ryder Brow Station0.7 mi
  • Ashburys Station0.6 mi

What nearby homes sold for

Median sold prices in M12 over the last 12 months: terraced £175k · semi-detached £255k · detached £321k · flat £138k.

AddressTypeSoldPrice
Flat 5, 703, Hyde Road
Manchester M12 5PS
Flat
Leasehold
28 Nov 2025£125,000
Flat 11, 699, Hyde Road
Manchester M12 5PS
Flat
Leasehold
28 Nov 2025£130,500
667 Hyde Road
Manchester M12 5PS
Terraced
Leasehold
14 Oct 2025£130,000
Flat 9, 701, Hyde Road
Manchester M12 5PS
Flat
Leasehold
14 Oct 2025£105,000
Flat 6, 697, Hyde Road
Manchester M12 5PS
Flat
Leasehold
3 Oct 2025£105,000
Flat 8, 697, Hyde Road
Manchester M12 5PS
Flat
Leasehold
21 Jul 2025£115,000
225 Hyde Road
Manchester M12 5AZ
Other
Leasehold
30 Jun 2025£425,000
Flat 2, 697, Hyde Road
Manchester M12 5PS
Flat
Leasehold
9 Jun 2025£109,000
Flat 11, 703, Hyde Road
Manchester M12 5PS
Flat
Leasehold
19 May 2025£118,000
Flat 7, 699, Hyde Road
Manchester M12 5PS
Flat
Leasehold
17 Apr 2025£135,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in M12

Buying costs

Monthly repayment£850£17,000 deposit · £153,000 loan
Stamp Duty£900England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Edward Mellor Ltd, Auction on Rightmove (original listing). First listed 18 Jun 2026; details checked 7 Nov 2026. Latest change: added on 18/06/2026.

Agent disclaimer

Disclaimer - Property reference EM-167038. 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.

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