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Gambrel Bank Road, Ashton-under-Lyne, Greater Manchester, OL6 - Image 1
Gambrel Bank Road, Ashton-under-Lyne, Greater Manchester, OL6 - Image 2
Gambrel Bank Road, Ashton-under-Lyne, Greater Manchester, OL6 - Image 3
Gambrel Bank Road, Ashton-under-Lyne, Greater Manchester, OL6 - Image 4
Gambrel Bank Road, Ashton-under-Lyne, Greater Manchester, OL6 - Image 5
Gambrel Bank Road, Ashton-under-Lyne, Greater Manchester, OL6 - Image 6
Gambrel Bank Road, Ashton-under-Lyne, Greater Manchester, OL6 - Image 7
Gambrel Bank Road, Ashton-under-Lyne, Greater Manchester, OL6 - Image 8

Gambrel Bank Road, Ashton-under-Lyne, Greater Manchester, OL6

North West

£155,000
Listed on 02/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
680 sqft

Description

This semi-detached property offers a solid foundation for those looking to make their mark through renovation, presenting excellent potential for transformation into a comfortable family home. The residence features two spacious bedrooms and is currently available without a chain, making it an appealing option for first-time buyers or downsizers seeking more manageable living space. Upon entering, you will find an entrance hall that leads to a generously sized living room, highlighted by a feature bay window that brings in ample natural light. The large kitchen/diner provides a blank canvas with existing fitted units, ideal for personalization or modern updates. On the first floor, the property includes two well-proportioned double bedrooms; the master benefits from its own ensuite WC. Completing the interior is a three-piece bathroom equipped with essential amenities. Outside, the front garden is set back from the road, offering some privacy, while the sizable enclosed patio garden at the rear provides opportunities for outdoor relaxation and potential landscaping projects. Situated just off Wood Lane near Broadoak Road, this location boasts easy access to local amenities and services. The town center is within walking distance, featuring shops and eateries, while recreational spaces like Daisy Nook Country Park are nearby. Families will appreciate the proximity to Canon Burrows Primary School, rated as 'Outstanding'. Transport links are convenient with Ashton station and Metrolink services just about a mile away, alongside easy access to the M60 motorway network for those commuting further afield. This property not only offers immediate accommodation but also significant investment prospects as you work toward your vision of an updated home in a desirable area.

Investment Analysis

(OL6 area)

Below Market Value

This property is priced -3.5% below area average per sq ft

-3.5%
Potential saving
This Property
£228/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£230
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£176,640
10% above area average per sq ft
Potential ROI
-1.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (OL6)

Area prices are stable by -1.2% over the last 12 months
3 year growth: +3.0%
5 year growth: +41.9%
Investment Disclaimer: Analysis based on OL6 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

Gambrel Bank Road, Ashton-under-Lyne, Greater Manchester, OL6
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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
£559
Based on a loan of £116,250 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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