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Phillips Place, Whitefield, M45

North West

£165,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
969 sqft

Description

This semi-detached residence located in Whitefield presents an excellent opportunity for investment or renovation, positioned within a well-established neighborhood. The property is being offered through an online auction with no onward chain, making it a potential quick flip or rental project. Currently, the home requires modernization and features an entrance hall that leads into two reception rooms and a spacious kitchen at the rear. Upstairs, you'll find three ample bedrooms and a family bathroom that are ready for updates. Enhancements could include contemporary decor, modern fixtures in the kitchen and bathroom, and improvements to the front and rear gardens. With generous living spaces, gas central heating, and UPVC double glazing already in place, this home has a solid foundation for transformation into a desirable living space or rental unit. Given its qualities and location, this property holds significant promise for those willing to invest in refurbishing it to meet modern standards.

Investment Analysis

(M45 area)

Below Market Value

This property is priced -41.3% below area average per sq ft

-41.3%
Potential saving
This Property
£170/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£276
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£309,271
10% above area average per sq ft
Potential ROI
+62.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (M45)

Area prices are rising by +5.9% over the last 12 months
3 year growth: 14.1%
5 year growth: 35.9%
Investment Disclaimer: Analysis based on M45 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

Phillips Place, Whitefield, M45
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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
£604
Based on a loan of £123,750 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.

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