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A Rusholme Grove, Rusholme

North West

£210,000
Listed on 18/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
969 sqft

Description

This three-bedroom detached bungalow, located in the vibrant area of Rusholme, presents a noteworthy opportunity for renovation and investment. Nestled on a substantial private plot, the property is set back from the road, featuring an expansive driveway that allows for ample off-road parking — a valuable asset in this sought-after location. Positioned within close proximity to various local amenities, as well as Manchester City Centre, universities, and the Manchester Royal Infirmary, this bungalow is ideally situated to attract families, professionals, and investors alike. The accessibility to essential services and recreational spaces enhances its appeal within the community. While the property requires comprehensive renovation throughout, it offers a solid foundation for transformation. Current layout features include an entrance hallway leading into a separate kitchen, a spacious living room with direct access to the rear garden, three generous double bedrooms (one with ensuite), plus a family bathroom. This configuration allows for flexibility in redesigning the space to suit modern living needs. The sizable plot not only invites possibilities for extensions but also hints at potential redevelopment opportunities, provided planning permissions are secured. This aspect adds significant value and versatility, making it an attractive prospect for those looking to invest or create their ideal home. Recent sales in the vicinity further underscore the investment potential of this property. Comparable homes highlight strong market performance; for instance, properties on nearby Whitebrook Road have sold for over £400,000 within just the last year. Additionally, rental values in this area typically range between £1,800 and £2,000 per month—indicating robust demand that could yield favorable returns for investors. Overall, this bungalow stands out as a project with genuine potential in one of Manchester's most desirable neighborhoods.

Investment Analysis

(M14 area)

Below Market Value

This property is priced -18.5% below area average per sq ft

-18.5%
Potential saving
This Property
£217/sq ft
Area Average
£266/sq ft
Avg Rent (weekly)
£501
Avg Yield
10.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£283,583
10% above area average per sq ft
Potential ROI
-5.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (M14)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 7.1%
5 year growth: 34.0%
Investment Disclaimer: Analysis based on M14 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

A Rusholme Grove, Rusholme
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