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Vernon Drive, Prestwich, M25

North West

£325,000
Listed on 07/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
441 sqft

Description

This semi-detached home offers a unique opportunity for renovation and investment in a desirable neighborhood. With three bedrooms and a substantial garden, the property provides ample space for families or those considering a home office setup. While the interiors would benefit from modern touches, their layout encourages creativity and personalization, making it an excellent project for someone looking to craft their ideal living environment. Upon entry, you are greeted by a porch that leads into a hallway with access to a convenient ground floor WC. The generous lounge and dining area present an inviting atmosphere for both relaxation and entertaining guests. The breakfast kitchen is functional and ready for updates to transform it into a culinary haven. The upper level features three well-sized bedrooms that can accommodate family needs or be adapted as work-from-home spaces. The family bathroom offers practicality, enhancing the everyday living experience while providing potential for aesthetic upgrades. One of the standout attributes of this property is its expansive rear garden, which is filled with established shrubs, bushes, and mature trees. This outdoor space not only fosters relaxation but also represents significant potential for expansion or landscaping projects, pending local planning permissions. A detached garage adds further utility, providing storage or workspace options, while the driveway offers off-road parking suitable for multiple vehicles. Located in a sought-after area with easy access to amenities and transport links, this property is poised as a strong investment opportunity. It’s perfect for those looking to customize their home or capitalize on its renovation potential. With no onward chain involved, you can embark on your vision for this house without delay. Additional information includes council tax band C and heating powered by a gas-fired combi boiler. The property is leasehold with 999 years remaining since its construction in the 1940s, featuring nominal ground rent charges. This home invites you to explore its possibilities and make it your own sanctuary in a thriving community.

Investment Analysis

(M25 area)

Above Market Value

This property is priced +138.3% above area average per sq ft

+138.3%
This Property
£737/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£150,041
10% above area average per sq ft
Potential ROI
-58.9%
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

Vernon Drive, 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
£1,191
Based on a loan of £243,750 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