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Major Street, Ramsbottom, Bury

North West

£190,000
Listed on 10/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1155 sqft

Description

Nestled in the well-connected town of Ramsbottom, this two-bedroom mid-terrace property offers a promising canvas for renovation and investment. While work is needed to modernize the interior, the layout provides a strong foundation for creating a comfortable home tailored to contemporary lifestyles. The ground floor features a front lounge that welcomes natural light through a UPVC double-glazed window, complemented by an electric fire for added warmth. The kitchen/diner at the rear offers practical space with fitted wall and base units, plumbing for essential appliances, and direct access to a low-maintenance yard that is enhanced by views over school playing fields, ensuring privacy and an open atmosphere. Upstairs, you’ll find two generous bedrooms equipped with double-glazed windows that ensure good ventilation and are ready for personal touches. The bathroom includes modern fixtures and tiling that can be refreshed to suit individual tastes. An additional loft area—complete with power points and a Velux window—presents opportunities for conversion or extra storage. This property boasts significant investment potential due to its location in Ramsbottom, which is characterized by its vibrant community atmosphere filled with independent shops, cafes, and dining options. Excellent transport links enhance accessibility to Bury, Bolton, and Manchester, while nearby green spaces offer appealing recreational options. The local schooling is well-regarded, making it suitable for families as well as professionals. With some thoughtful updates and renovations, this property has the potential not only to become an inviting residence but also to serve as a lucrative investment in a flourishing market.

Investment Analysis

(BL0 area)

Below Market Value

This property is priced -40.8% below area average per sq ft

-40.8%
Potential saving
This Property
£165/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£230
Avg Yield
3.7%

Renovation Potential

Est. Renovation Cost
£19,000 - £47,500
10-25% of property value
Target Value
£353,008
10% above area average per sq ft
Potential ROI
+48.6%
After renovation
Monthly Sales
13
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (BL0)

Area prices are rising by +2.9% over the last 12 months
3 year growth: 5.6%
5 year growth: 21.6%
Investment Disclaimer: Analysis based on BL0 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

Major Street, Ramsbottom, Bury
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