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Chiltern Drive, Bury

North West

£200,000
Listed on 10/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom semi-detached bungalow presents a remarkable opportunity for renovation and investment in a highly desirable residential neighborhood. While the interior requires updating, it offers a solid foundation for those looking to create their ideal living space or capitalize on rental potential. The layout includes an entrance hallway that leads into a generous lounge, featuring a large double-glazed window that allows ample natural light. This room is well-sized, providing flexibility for various configurations. The kitchen, equipped with essential wall and base units along with plumbing for appliances, also offers direct access to the side of the property, enhancing practicality. Both bedrooms are situated at the rear of the home, each benefiting from double-glazed windows and fitted storage options. The bathroom is compact yet functional, featuring a shower cubicle. Externally, the property boasts an expansive driveway that leads to a detached garage, offering additional storage or workshop space. Surrounding gardens provide outdoor potential for landscaping or personal gardening projects. Located within a sought-after area of Bury, this bungalow benefits from local amenities as well as transport links that enhance connectivity to surrounding areas. Given its leasehold status with many years remaining on the term—a nominal annual fee—and its low flood risk profile, this property not only serves as an inviting residence but also represents a valuable investment opportunity for both first-time buyers and seasoned investors alike. Viewing is recommended to gauge the full potential this property has to offer.

Investment Analysis

(BL8 area)
Area Average
£270/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (BL8)

Area prices are rising by +2.7% over the last 12 months
3 year growth: 5.0%
5 year growth: 27.2%
Investment Disclaimer: Analysis based on BL8 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

Chiltern Drive, Bury
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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
£733
Based on a loan of £150,000 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