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Redmere Grove, Fallowfield, Greater Manchester, M14 - Image 1
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Redmere Grove, Fallowfield, Greater Manchester, M14 - Image 9
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Redmere Grove, Fallowfield, Greater Manchester, M14

North West

£240,000
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
850 sqft

Description

This mid-terrace property presents an excellent opportunity for those interested in both homeownership and investment potential. Located on the popular Redmere Grove in Fallowfield, Manchester, the home is within a convenient walking distance to the vibrant center of Fallowfield, as well as having easy access to transport links that connect directly to Manchester city center. The layout features a spacious reception room that can adapt to various living arrangements, making it suitable for families or individuals who enjoy hosting. The kitchen provides access to a private rear garden, offering a blank canvas for anyone looking to create an outdoor space suited to their taste. Upstairs, two well-sized bedrooms are available, which provide flexibility for use as sleeping quarters or office space. While the home would benefit from some updates and modernization, its solid structure suggests a strong foundation for enhancement. Additional advantages include off-road parking—an asset not often found in this neighborhood—making daily life more convenient. The surrounding area boasts local shops, supermarkets, restaurants, and schools, catering to everyday needs and enhancing the property's appeal. For first-time buyers or seasoned investors seeking a project with substantial renovation potential in a desirable location, this property offers both space and opportunity to tailor it into a unique living environment or rental investment.

Investment Analysis

(M14 area)

Above Market Value

This property is priced +6.0% above area average per sq ft

+6.0%
This Property
£282/sq ft
Area Average
£266/sq ft
Avg Rent (weekly)
£442
Avg Yield
9.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£249,084
10% above area average per sq ft
Potential ROI
-6.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (M14)

Area prices are falling by +5.2% over the last 12 months
3 year growth: 4.9%
5 year growth: 32.8%
Investment Disclaimer: Analysis based on M14 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

Redmere Grove, Fallowfield, Greater Manchester, M14
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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
£879
Based on a loan of £180,000 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