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Cromwell Road, Prestwich, M25 - Image 1
Cromwell Road, Prestwich, M25 - Image 2
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Cromwell Road, Prestwich, M25

North West

£200,000
Listed on 06/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
366 sqft

Description

This period terraced home presents a valuable opportunity for those looking to invest in a property with significant potential for enhancement. Upon entry, you will find a generously proportioned lounge/dining area that provides the perfect blank canvas for both entertaining and day-to-day comfort. The kitchen is fitted with essential appliances, yet offers opportunities for modernization and customisation to suit contemporary needs. Upstairs, the two double bedrooms provide ample space, while the bathroom features a three-piece suite that could benefit from updates to maximize functionality and appeal. Notably, the loft space is carpeted and includes a roof window, presenting an exciting potential for conversion, pending necessary approvals. The outside features an attractive rear courtyard garden that is private and overlooks a bowling green—a serene setting ideal for relaxing or gardening pursuits. Additionally, there’s a convenient shed for storage requirements. Located near Heaton Park, this property enjoys easy access to local amenities in Prestwich Village, where various shops and eateries can be found. The nearby metro station facilitates straightforward commuting to surrounding areas. In summary, this charming home not only provides spacious living areas but also warrants thoughtful renovation efforts to truly personalize the living space and increase its market value.

Investment Analysis

(M25 area)

Above Market Value

This property is priced +76.7% above area average per sq ft

+76.7%
This Property
£546/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£124,524
10% above area average per sq ft
Potential ROI
-45.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (M25)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 6.5%
5 year growth: 29.9%
Investment Disclaimer: Analysis based on M25 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

Cromwell Road, Prestwich, M25
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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