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Fawborough Road, Manchester - Image 1
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Fawborough Road, Manchester

North West

£450,000
Listed on 19/02/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1505 sqft

Description

This three-bedroom detached home presents a valuable opportunity for those interested in renovation or investment. Nestled in a well-regarded residential neighborhood, the property occupies a sizeable plot with ample potential for future expansions, subject to planning permissions. A detached double garage and driveway provide convenient parking options. The location is advantageous, with Wythenshawe Park within walking distance, as well as easy access to Moor Road Metrolink station, facilitating straightforward commutes to Manchester Airport and the city center. The property is also strategically situated near key healthcare facilities such as Wythenshawe Hospital, The Christie, and Withington Hospital, making it appealing for families and professionals alike. Additionally, there are several reputable schools within close proximity catering to various age groups. Inside, the home features a welcoming hallway that leads to spacious reception areas including a dining room and an impressive 22-foot lounge equipped with dual aspects and a log-burning fire. The kitchen offers a functional layout with an array of base and wall units complemented by contrasting work surfaces. There’s also useful storage space that includes a utility section and a downstairs WC. The first floor comprises three generously sized double bedrooms along with a contemporary family bathroom that features modern amenities including under-floor heating and a four-piece suite. Outside, the property boasts both front and back gardens adorned with mature plants and shrubs. The expansive grounds not only enhance the outdoor space but also provide opportunities for landscaping or further development. This home combines comfortable family living with significant renovation potential in an enviable location—an intriguing option for discerning buyers looking to invest in real estate.

Investment Analysis

(M23 area)

Above Market Value

This property is priced +1.8% above area average per sq ft

+1.8%
This Property
£299/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£318
Avg Yield
6.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£486,138
10% above area average per sq ft
Potential ROI
+3.4%
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

Fawborough Road, Manchester
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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
£1,648
Based on a loan of £337,500 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