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Albion Road, Newtown, Newmill - Image 1
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Albion Road, Newtown, Newmill

North West

£180,000
Listed on 18/02/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a significant investment opportunity with full planning approval for the construction of three modern townhouses. Situated in a highly sought-after residential neighbourhood, the site is primed for development, offering plans for architecturally designed homes that incorporate contemporary living spaces and private gardens. Each townhouse will span three storeys, featuring three bedrooms and thoughtfully designed layouts that cater to family needs or high-quality rental markets. The project includes alterations to the existing boundary wall to facilitate access while maintaining privacy for residents. With a total gross internal area of approximately 342 square metres across all units, this site is ready for builders and developers looking to capitalize on current housing demand. All planning documents are available upon request, providing transparency and aiding due diligence. Given the strong potential for return on investment, this site will likely attract considerable interest from those looking to enhance their property portfolio.

Investment Analysis

(SK22 area)
Area Average
£296/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (SK22)

Area prices are falling by -2.7% over the last 12 months
3 year growth: +7.5%
5 year growth: +25.5%
Investment Disclaimer: Analysis based on SK22 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

Albion Road, Newtown, Newmill
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Mortgage Calculator

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Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£649
Based on a loan of £135,000 over 30 years at 4.06% 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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