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Railway Road, Manchester, M32

North West

£275,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1087 sqft

Description

This mid-terrace home in Stretford presents a valuable opportunity for those looking to invest or renovate. Comprising three bedrooms, the property is ideally situated near essential amenities, including schools, shops, and public transport options, which is an attractive feature for both families and investors. Entering through the spacious hallway, you find yourself in a bright lounge that benefits from large windows that flood the room with natural light. This inviting space could be tailored to your preferences or serve as an excellent area for gatherings. Adjacent to the lounge is a separate dining room, providing ample room for family meals and socializing, which also leads directly into the kitchen. The kitchen is functional but offers significant potential for modernization. It includes a variety of base and wall units, as well as direct access to the rear yard—a space that could be transformed into an outdoor oasis with some creative vision. The layout allows for possible reconfiguration to better suit contemporary living styles (subject to necessary planning permissions). On the first floor, you'll find three well-sized bedrooms—two doubles and a single—along with a family bathroom equipped with a traditional three-piece suite that presents opportunities for updating according to personal taste. Outside, the low-maintenance rear yard is adaptable for various uses such as seating or gardening projects. With excellent connectivity provided by nearby tram stops and easy access to local motorways, this property’s location enhances its appeal. Further development of the interior could significantly increase its value in this thriving area. This home not only caters to first-time buyers but is also poised as a solid investment choice thanks to its renovation potential and desirable location. Early viewing is advisable to fully appreciate what it has to offer.

Investment Analysis

(M32 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£253/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£288
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£367,857
10% above area average per sq ft
Potential ROI
+20.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
117%
Properties sold annually

Local Market Trend (M32)

Area prices are stable by +1.9% over the last 12 months
3 year growth: +13.4%
5 year growth: +25.4%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£992
Based on a loan of £206,250 over 30 years at 4.06% 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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