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Elder Close, Offerton

North West

£220,000
Listed on 09/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
743 sqft

Description

This semi-detached property presents a valuable opportunity to transform a spacious three-bedroom house into a desirable family home. Situated on a generous corner plot in the well-regarded Offerton area, this residence boasts significant potential for further development, pending necessary planning permissions. The home is available with no onward chain and features well-maintained lawned gardens surrounding the property, along with a central driveway capable of accommodating multiple vehicles. While the interior requires comprehensive modernization, it comes equipped with three suitably sized bedrooms, double glazing, and gas central heating—offering excellent value given its prime location. A viewing is highly recommended to fully appreciate the possibilities this home has to offer. The layout consists of an inviting entrance hall that leads to an expansive lounge/dining area and a fitted kitchen. Upstairs, you will find three good-sized bedrooms accompanied by a family bathroom suite. Given its size and location near local amenities such as schools and parks, this property is ripe for renovation and personalization.

Investment Analysis

(SK2 area)

Below Market Value

This property is priced -2.0% below area average per sq ft

-2.0%
Potential saving
This Property
£296/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£261
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£246,906
10% above area average per sq ft
Potential ROI
-3.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (SK2)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 12.3%
5 year growth: 28.6%
Investment Disclaimer: Analysis based on SK2 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

Elder Close, Offerton
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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
£806
Based on a loan of £165,000 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