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Bury New Road, Whitefield, M45

North West

£160,000
Listed on 03/09/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
689 sqft

Description

This two-bedroom mid-terrace home presents a promising canvas for those interested in renovation and personalisation. It features a generous reception room with notable high ceilings, laminate flooring, and a fireplace that can be restored or accentuated as a focal point. The kitchen, while functional, is ripe for reimagining or updating given its ample natural light and potential for layout changes leading to easier access to the outdoor space. Upstairs, the property comprises two bedrooms featuring built-in storage solutions that benefit from good natural illumination. The bathroom is equipped with tiled walls and flooring and provides privacy through its frosted window. Outside, the rear yard is currently paved but offers possibilities for further development or landscaping according to your vision. There is also off-road parking available. This property is well-suited for investors or first-time buyers eager to put their own stamp on a home, making it a strong candidate for those looking to undertake an exciting refurbishment project.

Investment Analysis

(M45 area)

Below Market Value

This property is priced -20.7% below area average per sq ft

-20.7%
Potential saving
This Property
£232/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£221,913
10% above area average per sq ft
Potential ROI
+20.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
150%
Properties sold annually

Local Market Trend (M45)

Area prices are rising by +5.3% over the last 12 months
3 year growth: +11.4%
5 year growth: +31.3%
Investment Disclaimer: Analysis based on M45 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

Bury New Road, Whitefield, M45
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 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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