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Thorpe Street, Old Trafford, Lancashire, M16 - Image 1
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Thorpe Street, Old Trafford, Lancashire, M16

North West

£225,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1332 sqft

Description

This three-bedroom property, featuring two reception rooms and a garden front, presents a promising opportunity for renovation in the desirable area of Old Trafford. Upon entering, you will find a hallway adorned with original characteristics leading to two spacious reception areas and a kitchen that opens up to the rear yard. The first floor houses three bedrooms along with a family bathroom and access to the loft space, which provides additional potential for conversion. Notably, the property includes a sizable cellar that could be transformed into usable living space or storage. This home is perfect for investors looking for a project, especially considering the availability of an adjacent property also on the market. It offers significant scope for modernization throughout, allowing for personalized enhancements that can increase its market value.

Investment Analysis

(M16 area)

Below Market Value

This property is priced -49.1% below area average per sq ft

-49.1%
Potential saving
This Property
£169/sq ft
Area Average
£332/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£486,446
10% above area average per sq ft
Potential ROI
+83.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (M16)

Area prices are rising by +23.6% over the last 12 months
3 year growth: 15.7%
5 year growth: 61.3%
Investment Disclaimer: Analysis based on M16 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

Thorpe Street, Old Trafford, Lancashire, M16
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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
£824
Based on a loan of £168,750 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