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St. Georges Crescent, Manchester M28

North West

£260,000
Listed on 04/08/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
656 sqft

Description

This three-bedroom semi-detached home presents a significant opportunity for renovation and investment in a sought-after area of Walkden. Nestled in a tranquil crescent, the property rests on an expansive plot that not only provides ample outdoor space but also offers potential for future development (subject to planning approval). The exterior features a spacious driveway capable of accommodating multiple vehicles, along with a sizeable enclosed rear garden that encourages creative landscaping or extension possibilities. Inside, the property welcomes you with a bright hallway leading to a comfortable lounge characterized by a charming box bay window and a log burner, adding both warmth and character. An open-plan kitchen diner offers modern functionality with recently installed units, including essential appliances such as an electric oven, hob, and cooker hood. The double-aspect windows flood the area with natural light while providing pleasant views of the garden, complemented by convenient side access. The upper floor comprises two double bedrooms and a third single bedroom, alongside a fully tiled shower room that has been modernized for practicality. Loft access from the landing enhances storage options and could potentially be converted for additional living space. Situated within walking distance of Parr Fold Park and Walkden town centre, this home benefits from excellent transportation links through Walkden train station, as well as easy bus routes into Manchester and Bolton. Local amenities include Worsley Leisure Centre and James Brindley Primary School, which has received an Outstanding rating from Ofsted. Furthermore, the property's proximity to major road networks such as the A580 adds to its appeal for commuting professionals. With no chain involved, this property is equally well-suited for first-time buyers looking to make their mark or investors seeking to capitalize on its renovation potential in a desirable location.

Investment Analysis

(M28 area)

Above Market Value

This property is priced +34.7% above area average per sq ft

+34.7%
This Property
£396/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£269
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£212,295
10% above area average per sq ft
Potential ROI
-25.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (M28)

Area prices are stable by +1.7% over the last 12 months
3 year growth: 3.3%
5 year growth: 24.4%
Investment Disclaimer: Analysis based on M28 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

St. Georges Crescent, Manchester M28
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£952
Based on a loan of £195,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE