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4 James Street North, Radcliffe - Image 1
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4 James Street North, Radcliffe

North West

£147,000
Listed on 02/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
795 sqft

Description

This two-bedroom, end-of-terrace property presents an exciting opportunity for those interested in renovation and investment. While it currently requires modernisation, its solid layout provides a sturdy foundation for potential enhancements. Conveniently situated near the town centre, this home benefits from easy access to local amenities and transport links, making it an attractive choice for both personal living and rental purposes. The ground floor features an entrance hall that leads into a spacious living room, offering ample natural light through the front window. Adjacent to the living area is the kitchen, which includes a range of base and eye-level units as well as space for essential appliances. A door from the kitchen opens to a private rear courtyard, providing outdoor space that can be transformed into a welcoming retreat. Upstairs, the first floor comprises two well-proportioned bedrooms, each with built-in storage options and windows that enhance the area's overall brightness. The bathroom is functional but may benefit from renovations to meet more contemporary standards. Externally, the enclosed courtyard at the rear offers potential for landscaping or creating an outdoor entertaining area, enhancing its appeal for future residents. With no onward chain, this property could be particularly appealing to first-time buyers or investors looking to capitalize on its renovation potential in a location poised for growth. Engaging with this property now could lead to significant rewards down the line, making viewings advisable for those looking to explore this opportunity further.

Investment Analysis

(M26 area)

Below Market Value

This property is priced -18.2% below area average per sq ft

-18.2%
Potential saving
This Property
£185/sq ft
Area Average
£226/sq ft
Avg Rent (weekly)
£240
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£197,768
10% above area average per sq ft
Potential ROI
+11.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (M26)

Area prices are rising by +4.0% over the last 12 months
3 year growth: 11.8%
5 year growth: 24.4%
Investment Disclaimer: Analysis based on M26 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.

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Location

4 James Street North, Radcliffe
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