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Railway Road, Manchester, M32

North West

£275,000

Listed on 25/09/2025

Property details

Bedrooms
3
Type
Terraced
Area
1087 sqft

Description

This mid-terrace family home in Stretford presents a promising opportunity for buyers interested in renovation and investment. The three-bedroom property is situated conveniently, close to essential amenities, public transport links, and educational institutions, making it attractive for families or investors looking for rental potential after improvements. Upon entry, you'll find a welcoming hallway that leads into spacious living areas. The front lounge boasts ample natural light through its large window, creating a pleasant environment for relaxation or entertaining. Adjacent to this is the separate dining room that connects to the rear kitchen, which is functional but offers significant scope for enhancement and reconfiguration to increase the property's appeal (subject to planning approval). Upstairs houses three decent-sized bedrooms—two well-proportioned doubles and one single—served by a family bathroom that also invites modernisation. The exterior features a manageable rear yard, perfect for outdoor use or simple gardening tasks. This residence not only provides generous living space but also allows for personalisation that can significantly add value upon completion of refurbishment.

Investment analysis

(M32 area)

Below Market Value

This property is priced -18.0% below area average per sq ft

-18.0%
Potential saving
This Property
£253/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£369,113
10% above area average per sq ft
Potential ROI
+23.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (M32)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +12.5%
5 year growth: +20.7%
Investment Disclaimer: Analysis based on M32 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

Railway Road, Manchester, M32
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,039
Based on a loan of £206,250 over 30 years at 4.45% 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.

Stamp duty calculator

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