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Moor Road, Manchester, Greater Manchester, M23

North West

£480,000

Listed on 14/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
1271 sqft

Description

This detached bungalow is set on a generous plot and presents a unique opportunity for developers or families looking to expand their living space. With approved planning permission for approximately 11,000 square feet of residential development, the property stands out as an exceptional investment prospect. Currently, it features a three-bedroom bungalow that generates rental income but requires a two-month notice period for tenants. The gated side access leads to an expansive rear area that is ripe for redevelopment, offering potential for multiple dwellings, ample secure parking, and private outdoor spaces. Conveniently located near major motorway networks (M56, M60) and within close proximity to Manchester Airport, local shops, and public transport options, this site encourages visions of a bespoke residential enclave or community-centric project. This property holds significant potential for those looking to embark on a substantial renovation or development venture.

Investment Analysis

(M23 area)

Above Market Value

This property is priced +24.9% above area average per sq ft

+24.9%
This Property
£378/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£265
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£422,855
10% above area average per sq ft
Potential ROI
-29.5%
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
19%
Properties sold annually

Local Market Trend (M23)

Area prices are falling by -3.3% over the last 12 months
3 year growth: +8.6%
5 year growth: +37.4%
Investment Disclaimer: Analysis based on M23 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

Moor Road, Manchester, Greater Manchester, M23
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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
£1,813
Based on a loan of £360,000 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

Price History

-4.0% since listed
£480,000£20,000(-4.0%)
03/03/2026
Current price
£500,000Initial listing
01/11/2025

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