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Forshaw Street, Denton

North West

£125,000
Listed on 10/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
992 sqft

Description

This four-bedroom end-terraced property presents an intriguing opportunity for renovation and investment, situated between Denton and Audenshaw. Currently tenanted, the home will be sold with vacant possession, making it ideal for landlords or individuals looking to embark on a refurbishment project. The layout includes an entrance hallway that leads into two spacious reception rooms, a kitchen, and a family bathroom. The four bedrooms offer generous living space, while the overall size of the property provides ample room for potential updates or reconfigurations that could enhance its appeal and value. On the exterior, the property features on-street parking at the front and a private rear garden with secure gated access, adding convenience and outdoor space that could be developed further. Located near key amenities such as Denton Community College and Crown Point Shopping Centre, this property benefits from a desirable location with excellent transport links. These attributes contribute to strong rental demand in the area, with similar properties yielding rental values between £1,200 and £1,250 per month. This makes it an attractive option for buy-to-let investors looking to capitalize on the local market. Additionally, recent sales of comparable properties in close proximity indicate promising resale potential after renovations are completed. Overall, this property offers a solid foundation for those looking to make their mark in a growing neighborhood. An Energy Performance Certificate (EPC) is currently being arranged.

Investment Analysis

(M34 area)

Below Market Value

This property is priced -51.4% below area average per sq ft

-51.4%
Potential saving
This Property
£126/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£231
Avg Yield
4.8%

Renovation Potential

Est. Renovation Cost
£12,500 - £31,250
10-25% of property value
Target Value
£283,166
10% above area average per sq ft
Potential ROI
+81.2%
After renovation
Monthly Sales
33
Average per month
Market Turnover
62%
Properties sold annually

Local Market Trend (M34)

Area prices are falling by +3.2% over the last 12 months
3 year growth: 8.3%
5 year growth: 26.4%
Investment Disclaimer: Analysis based on M34 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Forshaw Street, Denton
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