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Westbourne Grove, Reddish

North West

£250,000
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
717 sqft

Description

This three-bedroom semi-detached home offers a blend of comfort and significant renovation potential, situated within a short distance of the lively center of Reddish. The property features a bright, spacious living area that welcomes natural light, creating an inviting atmosphere for family gatherings or entertaining guests. With three well-proportioned bedrooms, this home provides ample space for relaxation. While the interior is in good condition, it presents an excellent opportunity for customization to suit personal tastes. Additionally, there is room for expansion or development (subject to planning permission), making it a promising choice for those looking to invest in property. The outdoor space is particularly noteworthy; the large rear garden is fully enclosed and serves as a versatile canvas for landscaping, gardening, or creating an outdoor entertainment area. This generous space enhances the property’s appeal and potential value. Conveniently located near local amenities and schools, as well as beneficial transport links into Manchester and surrounding areas, this home caters to families and commuters alike. The absence of an onward chain simplifies the purchase process. This property represents a valuable opportunity in Reddish's competitive market. Whether you’re looking to settle down or seeking an investment with growth potential, this home warrants your attention.

Investment Analysis

(SK5 area)

Above Market Value

This property is priced +29.3% above area average per sq ft

+29.3%
This Property
£349/sq ft
Area Average
£270/sq ft
Avg Rent (weekly)
£254
Avg Yield
5.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£8,000 - £15,000
Target Value
£212,752
10% above area average per sq ft
Potential ROI
-19.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (SK5)

Area prices are rising by +7.2% over the last 12 months
3 year growth: 8.4%
5 year growth: 35.9%
Investment Disclaimer: Analysis based on SK5 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

Westbourne Grove, Reddish
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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
£916
Based on a loan of £187,500 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