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Parrenthorn Road, Prestwich, M25 - Image 1
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Parrenthorn Road, Prestwich, M25

North West

£245,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
904 sqft

Description

This three-bedroom semi-detached property presents an intriguing opportunity for renovation enthusiasts and investors alike. Nestled in a desirable part of Prestwich, just a short distance from the expansive Heaton Park, this home boasts ample living space along with off-street parking and gardens that enhance its appeal. The property's solid structure has been well-maintained over the years; however, it does require some modernisation to unlock its full potential. Conveniently positioned near local schools, amenities, and transport links to Manchester City Centre, this location is ideal for families or first-time buyers looking to make their mark. As you enter through the tiled porch, you’ll find a bright hallway offering under-stairs storage. The lounge overlooks the garden and features a traditional electric fire, setting a warm atmosphere for gatherings. An adjacent dining room provides the perfect space for family meals and is located next to the kitchen. The kitchen includes various wall and base units alongside integrated appliances such as an eye-level double oven and gas hob. A separate utility room adds valuable storage options and workspace, while a convenient guest WC completes the ground floor layout. Upstairs, you will discover three generously sized double bedrooms equipped with built-in storage solutions. The bathroom is fitted with a modern suite featuring a vanity unit and bath with overhead shower, with an additional separate WC for practicality. Outside, enjoy off-street parking alongside well-maintained front and rear gardens that offer privacy and room for outdoor activities. This property stands out due to its combination of location, spaciousness, and potential for enhancements — making it an excellent choice for those eager to infuse their style into a family home in one of Prestwich's most sought-after areas.

Investment Analysis

(M25 area)

Below Market Value

This property is priced -12.4% below area average per sq ft

-12.4%
Potential saving
This Property
£271/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£307,568
10% above area average per sq ft
Potential ROI
+7.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (M25)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 6.5%
5 year growth: 29.9%
Investment Disclaimer: Analysis based on M25 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

Parrenthorn Road, Prestwich, M25
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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
£897
Based on a loan of £183,750 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