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St Anne's Drive, Denton, Denton - Image 1
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St Anne's Drive, Denton, Denton - Image 5

St Anne's Drive, Denton, Denton

North West

£115,000
Listed on 02/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1259 sqft

Description

This semi-detached property offers a solid foundation in a sought-after area of Denton, featuring two bedrooms, a lounge, a kitchen diner, and a bathroom. The layout is functional and could benefit from renovation, presenting an opportunity for investors or DIY enthusiasts to enhance the space according to their vision. Externally, the home boasts both front and rear gardens along with on-street parking, adding convenience and outdoor potential for landscaping or recreational use. With the right updates, this property could significantly increase its value, making it an appealing project for those looking to capitalize on the local real estate market. Denton is well-regarded for its community amenities, with an array of local shops, supermarkets, and leisure facilities just moments away. The property’s location benefits from excellent transport links via the A57, connecting residents to nearby towns such as Hyde and Ashton-under-Lyne, as well as greater Manchester. This accessibility is complemented by proximity to reputable schools at both junior and senior levels within Tameside, which is particularly attractive for families and prospective tenants. With similar properties in the area achieving sale prices around £205,000 to £225,000 and rental values estimated at approximately £1,100 per month for tenant-ready homes, this property represents a promising investment opportunity. The current condition allows for creative renovations that could yield significant returns in this desirable neighborhood.

Investment Analysis

(M34 area)

Below Market Value

This property is priced -64.8% below area average per sq ft

-64.8%
Potential saving
This Property
£91/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£231
Avg Yield
4.8%

Renovation Potential

Est. Renovation Cost
£11,500 - £28,750
10-25% of property value
Target Value
£359,382
10% above area average per sq ft
Potential ROI
+150.0%
After renovation
Monthly Sales
33
Average per month
Market Turnover
62%
Properties sold annually

Local Market Trend (M34)

Area prices are falling by +3.2% over the last 12 months
3 year growth: 8.3%
5 year growth: 26.4%
Investment Disclaimer: Analysis based on M34 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

St Anne's Drive, Denton, Denton
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