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Shepherd Street, Greenmount, Bury

North West

£225,000
Listed on 10/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
985 sqft

Description

This three-bedroom terraced cottage presents a significant opportunity for renovation in the desirable area of Greenmount. While the property requires modernisation, it boasts a functional layout with an entrance hallway, spacious lounge, and a well-sized dining kitchen. Upstairs, you'll find three bedrooms and a four-piece bathroom that are ready to be transformed into contemporary living spaces. Outside, the cottage is set on a tranquil country road, offering picturesque countryside views at the front and a generous garden at the rear, complete with a detached garage/workshop and a charming garden room that could become an inviting retreat or workspace. With properties in this sought-after location being rare, this is an excellent chance to invest in a home that can be tailored to your personal style.

Investment Analysis

(BL8 area)

Below Market Value

This property is priced -17.4% below area average per sq ft

-17.4%
Potential saving
This Property
£228/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£233
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£299,750
10% above area average per sq ft
Potential ROI
+13.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
56%
Properties sold annually

Local Market Trend (BL8)

Area prices are rising by +4.1% over the last 12 months
3 year growth: 5.0%
5 year growth: 25.8%
Investment Disclaimer: Analysis based on BL8 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

Shepherd Street, Greenmount, Bury
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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
£824
Based on a loan of £168,750 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