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Blackthorne Road, Gee Cross - Image 1
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Blackthorne Road, Gee Cross

North West

£365,000
Listed on 24/10/2024

Property Details

Bedrooms
3
Type
Detached house
Area
828 sqft

Description

This detached bungalow offers a unique opportunity for renovation and investment in a desirable cul-de-sac location. The property features three spacious bedrooms, a large lounge, and a separate dining room, all of which provide a solid foundation for modern updates. A sunroom at the front captures stunning views over Manchester, enhancing the appeal of the living space. The kitchen is functional with integrated appliances, while the modern bathroom adds to the home's practicality. Despite its good condition, there's ample potential to personalize and enhance the property further—options include extending the home (subject to planning permission), converting the garage into an additional living space, or even making use of the loft area for extra accommodation. Outside, you'll find both a front garden with a balcony that overlooks impressive views and a generously sized rear garden that is not overlooked; it is south-east facing and features two patio areas perfect for outdoor gatherings. The elevation of the garden provides an excellent vantage point to enjoy panoramic views across Manchester. Having been cherished by one family for over 30 years, this property has fostered a welcoming community atmosphere, with friendly neighbors contributing to its charm. Located within walking distance of Gee Cross Village’s amenities—including shops, cafes, pubs, churches—and beautiful countryside walks around Werneth Low, it strikes a balance between suburban tranquility and accessibility. For commuters, Woodley Train Station is just a short drive away, facilitating quick access to Manchester city center in under 30 minutes. The M60 motorway is also conveniently reachable for broader travel throughout the North West. The home benefits from gas central heating and uPVC double glazing. With no onward chain and ready-to-move-in condition coupled with significant renovation potential, this property invites you to envision its future possibilities as your own personal retreat or investment opportunity.

Investment Analysis

(SK14 area)

Above Market Value

This property is priced +74.9% above area average per sq ft

+74.9%
This Property
£441/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£217
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£36,500 - £91,250
10-25% of property value
Target Value
£229,613
10% above area average per sq ft
Potential ROI
-49.7%
After renovation
Monthly Sales
34
Average per month
Market Turnover
57%
Properties sold annually

Local Market Trend (SK14)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 14.7%
5 year growth: 32.8%
Investment Disclaimer: Analysis based on SK14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Blackthorne Road, Gee Cross
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