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Lichfield Drive, Prestwich, Manchester - Image 1
Lichfield Drive, Prestwich, Manchester - Image 2
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Lichfield Drive, Prestwich, Manchester

North West

£325,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Welcome to this three-bedroom semi-detached house, located in a highly desirable neighborhood with significant renovation and investment potential. This property offers an excellent opportunity for those looking to customize a home or invest in a promising area. The house requires a comprehensive refurbishment, allowing you the freedom to redesign the space to suit your vision. With some thoughtful updates, you could create a contemporary living environment or restore its original charm—a project that presents endless possibilities. Inside, the layout features two distinct reception rooms that benefit from large windows, inviting ample natural light while providing pleasant views of the garden. These rooms present versatile options for family gatherings or entertaining guests, making them ideal spaces for creating memorable moments. The connection to the outdoor area enhances the overall sense of tranquility and privacy. The kitchen is well-sized and ready for modernization, offering an opportunity to create a functional and stylish culinary hub. With your personal touch, it could become the heart of the home where family meals are made and memories are shared. Upstairs, there are three bedrooms that cater to various needs; the spacious master bedroom provides a comfortable retreat, while the second double bedroom accommodates family or guests. The third bedroom serves as an ideal space for a child’s room or a home office. The existing family bathroom is functional but presents opportunities for an upgrade to better meet modern standards. Outside, you'll find both front and rear gardens that can be transformed into beautiful outdoor spaces—perfect for landscaping projects, gardening enthusiasts, or play areas for children. Additionally, off-road parking adds convenience for families with multiple vehicles. Situated just a short walk from reliable public transport links, this location provides easy access to city amenities and leisure activities. Nearby schools, parks, local shops, and places of worship enhance community living and ensure daily conveniences are within reach. With its ample space and significant renovation potential, this semi-detached house stands as an excellent investment opportunity in a well-connected area. Whether you're seeking your first project or looking for a place to grow into with your family, this property invites you to come explore its possibilities and envision your future here.

Investment Analysis

(M25 area)
Area Average
£309/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
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

Lichfield Drive, Prestwich, Manchester
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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
£1,191
Based on a loan of £243,750 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE