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Button Lane, Manchester, M23

North West

£225,000
Listed on 06/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
872 sqft

Description

This three-bedroom quasi semi-detached house presents a promising opportunity for both first-time buyers and seasoned investors seeking a property with significant renovation potential. Nestled in a sought-after residential area, this home requires modernization but boasts larger-than-average bedrooms, enhanced by the unique ginnel layout. The inclusion of a utility room and a private garden adds to its appeal, providing ample space for outdoor enjoyment or further development. Conveniently located near reputable local schools and just a short distance from metro links and commuter routes, this property is well-positioned for future value appreciation. The accommodation briefly consists of an entrance hall, living room, dining area, kitchen, and utility room on the ground floor. Upstairs, you will find three spacious bedrooms, a bathroom, and an additional separate WC. The front garden offers a lush lawn that overlooks green space, while the rear garden features a patio area surrounded by mature planting—ideal for creating your own tranquil retreat. Offered with no onward chain and an EPC rating of C, this property invites creative visionaries to explore its full potential.

Investment Analysis

(M23 area)

Below Market Value

This property is priced -12.1% below area average per sq ft

-12.1%
Potential saving
This Property
£258/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£318
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£281,669
10% above area average per sq ft
Potential ROI
+12.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (M23)

Area prices are rising by +3.2% over the last 12 months
3 year growth: 8.5%
5 year growth: 42.2%
Investment Disclaimer: Analysis based on M23 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

Button Lane, Manchester, M23
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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