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Gigg Lane, Bury, BL9

North West

£210,000
Listed on 10/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
409 sqft

Description

This three-bedroom property presents a solid foundation for renovation and investment, situated in a desirable area with convenient access to local amenities, schools, and transport links. Its proximity to Bury town center further enhances its appeal, making it an attractive option for both first-time buyers and those considering downsizing. The layout of the home includes an entrance vestibule that leads into a spacious lounge, offering a comfortable living space with potential for personalization. The dining kitchen is modernly fitted and comes equipped with essential appliances, as well as generous room for dining arrangements. A ground floor WC adds practicality to the layout. Upstairs, the property features three bedrooms; two are sizeable doubles with ample space for furnishings, while the third is a single room with built-in storage solutions. The four-piece family bathroom has been recently updated with contemporary fixtures and tasteful tiling. Externally, the property boasts a driveway for off-road parking and a substantial rear garden suitable for outdoor activities or future enhancements. There is noteworthy potential here to extend the home either to the side or rear, subject to planning permission. Additional features include gas-fired central heating via a combination boiler and part-boarded loft access via a retractable ladder. The property is leasehold with a long lease term and minimal ground rent obligations. Investors will find this property appealing due to its renovation possibilities and strong demand in the area. Early viewings are encouraged to fully appreciate its potential.

Investment Analysis

(BL9 area)

Above Market Value

This property is priced +117.2% above area average per sq ft

+117.2%
This Property
£513/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£212
Avg Yield
4.4%

Renovation Potential

Est. Renovation Cost
£21,000 - £52,500
10-25% of property value
Target Value
£106,334
10% above area average per sq ft
Potential ROI
-59.5%
After renovation
Monthly Sales
30
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (BL9)

Area prices are falling by +2.2% over the last 12 months
3 year growth: 11.6%
5 year growth: 35.2%
Investment Disclaimer: Analysis based on BL9 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

Gigg Lane, Bury, BL9
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