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Bury New Road, Whitefield, M45

North West

£160,000
Listed on 04/09/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
689 sqft

Description

This mid-terraced home features two bedrooms and presents a promising opportunity for renovation and investment. The property's spacious reception room is characterized by high ceilings and a central fireplace, offering a welcoming atmosphere that could be enhanced with modern updates. The laminate flooring provides a practical base, but there’s plenty of scope for reimagining this space to better suit contemporary living. The kitchen, located at the rear, is functional with ample natural light streaming in through a large window. This area can be easily reconfigured or upgraded, allowing for the creation of an open-plan layout that connects with outdoor spaces—a sought-after feature in today’s market. On the upper level, you’ll find two bedrooms that benefit from built-in storage and good natural light. The bathroom includes tiled walls and flooring, providing a clean slate for those looking to personalize this area. The outdoor space consists of a paved rear yard, which currently offers off-road parking but holds potential for further development—whether it be for landscaping or creating additional utility. For buyers interested in undertaking a project, this property offers a sturdy foundation to transform into a customized home that reflects personal style and needs, all while situated in a location with promising future value increases.

Investment Analysis

(M45 area)

Below Market Value

This property is priced -20.0% below area average per sq ft

-20.0%
Potential saving
This Property
£232/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£276
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£219,905
10% above area average per sq ft
Potential ROI
+15.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (M45)

Area prices are rising by +5.9% over the last 12 months
3 year growth: 14.1%
5 year growth: 35.9%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£586
Based on a loan of £120,000 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