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Bury Road, Bury

North West

£150,000
Listed on 03/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
764 sqft

Description

This two-bedroom stone-fronted terraced home presents a notable opportunity for renovation and personalization, situated in the desirable area of Tottington. Located conveniently near the town center, residents will benefit from easy access to local amenities, including a petrol station and various transport links, enhancing the property's appeal for both personal use and investment purposes. While the property requires some updating, it offers significant potential for those looking to invest in a space they can truly make their own. The layout includes an entrance vestibule that leads into a spacious lounge with large windows allowing natural light to flow through. Adjacent to this space is a fitted dining kitchen equipped with essential appliances and ample storage options, perfect for crafting a tailored culinary environment. The first floor comprises two well-sized bedrooms; the larger room benefits from front-facing views while the second bedroom features built-in wardrobes. A wet room completes the internal layout, featuring practical amenities that could be enhanced with modern fixtures and fittings. Externally, the property boasts an enclosed garden area at the front, providing low-maintenance outdoor space that could be transformed into an inviting retreat. At the rear, there is shared access to a courtyard with neighboring homes, fostering a sense of community while also offering additional utility through outdoor activities. Given its location and potential for enhancement, this property is poised as an excellent investment opportunity or a project for buyers eager to capitalize on its existing framework and create value through thoughtful renovations. Early viewings are recommended to fully appreciate what this home has to offer.

Investment Analysis

(BL8 area)

Below Market Value

This property is priced -27.2% below area average per sq ft

-27.2%
Potential saving
This Property
£196/sq ft
Area Average
£270/sq ft
Avg Rent (weekly)
£257
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£15,000 - £37,500
10-25% of property value
Target Value
£226,530
10% above area average per sq ft
Potential ROI
+20.8%
After renovation
Monthly Sales
23
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (BL8)

Area prices are rising by +4.4% over the last 12 months
3 year growth: 5.3%
5 year growth: 31.5%
Investment Disclaimer: Analysis based on BL8 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

Bury Road, Bury
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