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Mackenders Lane, Eccles

South East

£325,000
Listed on 18/11/2025

Property Details

Bedrooms
1
Type
Detached house
Area
695 sqft

Description

This distinctive timber-framed bungalow, thought to originate from the late Victorian period, presents a rare renovation or investment opportunity in the picturesque village of Eccles. Set on a generous plot of approximately 0.18 acres, this property offers significant potential for modernization or redevelopment, subject to the necessary planning approvals. The current layout features a sitting room, dining room, kitchen, one bedroom, and a bathroom. The exterior includes a garage and a driveway for off-road parking, complemented by both front and rear gardens that provide ample outdoor space. While the home has been maintained over the years, its unique construction may pose challenges for standard mortgage approval, making it particularly appealing to cash buyers or investors looking for a character-rich project. Furthermore, there is potential for additional development within the rear garden area. Several neighboring properties on similarly sized plots have successfully added extra dwellings, indicating that this could be an avenue worth exploring for those interested in expanding their investment portfolio. Interested parties are encouraged to arrange viewings and consider the possibilities that this property holds as both a renovation project and an investment opportunity before expressing their interest by the designated deadline.

Investment Analysis

(ME20 area)

Above Market Value

This property is priced +22.4% above area average per sq ft

+22.4%
This Property
£468/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£395
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£292,001
10% above area average per sq ft
Potential ROI
-24.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (ME20)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 5.0%
5 year growth: 17.4%
Investment Disclaimer: Analysis based on ME20 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

Mackenders Lane, Eccles
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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