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Howard Avenue, Heaton Chapel

North West

£350,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1475 sqft

Description

This impressive end-terraced Victorian home, dating back to 1885, offers an exciting opportunity for those looking to invest in a property with significant renovation potential. Set across four levels, including a cellar, the residence boasts spacious living areas that retain much of their original character while presenting ample scope for modern updates or extensions, pending necessary approvals. With four generously-sized double bedrooms, this home caters well to families seeking room to grow or investors aiming to maximize the property's potential. The advantageous end-terraced position not only ensures increased privacy but also invites plenty of natural light into the living spaces, contributing to a bright and airy atmosphere. Located in a tranquil and highly desirable neighborhood, this property strikes a balance between serene residential living and accessibility to local amenities such as schools, shops, and transportation links. The area is known for its community feel and convenience, making it an appealing choice for future occupants. What sets this property apart is its readiness for immediate sale without any onward chain. This offers an ideal scenario for buyers looking to dive straight into renovation projects or investors wanting to explore development possibilities in one of the region’s most sought-after locales.

Investment Analysis

(SK4 area)

Below Market Value

This property is priced -31.9% below area average per sq ft

-31.9%
Potential saving
This Property
£237/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£261
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£565,036
10% above area average per sq ft
Potential ROI
+25.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (SK4)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 0.1%
5 year growth: 17.6%
Investment Disclaimer: Analysis based on SK4 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

Howard Avenue, Heaton Chapel
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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
£1,282
Based on a loan of £262,500 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