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Bank Street, Heywood, Greater Manchester, OL10

North West

£145,000
Listed on 27/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This garden-fronted terrace presents an excellent opportunity for those looking to invest in a property with solid foundations and ample outdoor space. Having been cherished by the same family for over 75 years, it maintains its charm while inviting new owners to infuse their style and preferences. Inside, you'll find a welcoming entrance vestibule leading to a lounge adorned with neutral tones and featuring a gas fire, alongside a functional kitchen equipped with integrated fridge and freezer, boasting generous storage solutions. The first floor accommodates two spacious double bedrooms with fitted wardrobes, complemented by a modern shower room showcasing a classic white suite and attractive panelled walls. The external space includes a small front garden and a rear veranda perfect for summer relaxation, with views of the well-tended garden that features flower beds and pebbled areas. A particularly notable asset is the versatile workshop, fully powered and plumbed, complete with uPVC windows and a reboarded roof, offering potential for conversion into an office or creative space. This property benefits from gas central heating, uPVC double glazing, and an updated electrical system. With its larger-than-average plot size, this home offers significant potential for enhancement and personalization.

Investment Analysis

(OL10 area)
Area Average
£227/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (OL10)

Area prices are falling by +2.9% over the last 12 months
3 year growth: 6.6%
5 year growth: 38.5%
Investment Disclaimer: Analysis based on OL10 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

Bank Street, Heywood, Greater Manchester, OL10
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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
£531
Based on a loan of £108,750 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