The Old Post Office, Spring Gardens, The Old Post Office
RE

The Old Post Office, Spring Gardens, The Old Post Office

By Reside Manchester

£ 850,000

Reviews

2 out of 5 stars

Reside Manchester says ..

The recently completed conversion of The Old Post Office in Hyde has transformed the property into seven exceptional apartments, comprising six one-bedroom units and one two-bedroom unit. The developer is now offering the freehold interest in this remarkable development at a significant ...

Property Oracle says ..

This property, The Old Post Office in Hyde, Tameside, is a renovated building offering eight bedrooms. The provided images showcase a modern interior with newly fitted kitchens and bathrooms. The finish is contemporary and the property appears well-maintained. Its central location offers access to local transportation, including several train stations within a short distance. Nearby schools are also within easy reach, making this location potentially suitable for families or those seeking accommodation near transport links. However, a major limitation is the distinct lack of any garden or outdoor space. Furthermore, the listed price of £850,000 requires careful consideration given the property’s relatively small size and the location within Hyde, which isn’t typically known for high-value properties. The price per square foot significantly exceeds comparable properties in the area. A thorough survey and appraisal would be necessary before making an informed purchase decision, focusing on the structural condition and value compared to the asking price. Potential buyers should research similar properties to compare the price per square foot in the Hyde area and surrounding Greater Manchester neighborhoods.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
6
Land
1
Bedrooms
8
Bathrooms
0
Sqft (est)
232.66

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
241,667.00 £
Increased by 2.45 %
from 235,877.00 £
Est sale value
62,585.54 £
Increased by 0.37 %
from 62,352.88 £
Average area rental value
948.00 £/mo
Decreased by 4.53 %
from 993.00 £/mo
Est letting value
232.66 £/mo
Unchanged by 0.00 %
from 232.66 £/mo
Est rental Yield
4.71 %
Decreased by 6.73 %
from 5.05 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Reside Manchester created the listing.

Nearby Schools

NameTypeOfstedDistance
Hyde Flowery Children'S CentreChildren's Centre0.29 KM
Hyde High SchoolCommunity SchoolRequires improvement0.34 KM
Flowery Field Primary SchoolAcademy ConverterGood0.38 KM
Thomas Ashton SchoolCommunity Special SchoolGood0.47 KM
St George'S Cofe Primary SchoolAcademy Converter1.29 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Broadbent Street £ 000.00 KM
Well Meadow £ 000.00 KM
Newton Walk £ 000.00 KM
Bibby Street £ 240,00000.00 KM
Water Street £ 275,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Flowery Field2786FLF0.52 KM
Hyde Central2829HYC0.68 KM
Hyde North2959HYT0.87 KM
Newton For Hyde2789NWN1.73 KM
Godley2948GDL3.16 KM

Nearby Listings

AddressPriceTypeScoreDistance
Newton Street, Hyde, Cheshire £ 115,000BUY5 / 100.07 KM
Carrfield, Hyde £ 135,000BUY6 / 100.07 KM
Zorbit Mews, Hyde £ 240,000BUY7 / 100.14 KM
Zorbit Mews, Hyde, SK14 4GN **DRIVEWAY** £ 211,200BUY6 / 100.14 KM
Carrfield, Hyde £ 290,000BUY7 / 100.15 KM

Nearby Properties

AddressPriceDistance
9 Gair Street £ 92,0000.07 KM
5 Gair Street £ 85,0000.07 KM
12 Gair Street £ 87,5000.07 KM
43 Newton Street £ 160,0000.08 KM
61 Newton Street £ 90,0000.13 KM