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Schofield Street, Clayton, Greater Manchester, M11 - Image 1
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Schofield Street, Clayton, Greater Manchester, M11 - Image 3
Schofield Street, Clayton, Greater Manchester, M11 - Image 4
Schofield Street, Clayton, Greater Manchester, M11 - Image 5
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Schofield Street, Clayton, Greater Manchester, M11 - Image 9
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Schofield Street, Clayton, Greater Manchester, M11

North West

£425,000
Listed on 28/11/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1910 sqft

Description

This four-bedroom terraced home in Openshaw presents a compelling opportunity for both residential living and commercial investment. The property benefits from dual frontages and includes a fully owned commercial unit, currently functioning as an off-licence—ideal for investors looking to capitalize on a combined living and business space. The ground floor features a spacious open-plan reception and dining area, providing a functional layout that can be modernized further to enhance both comfort and aesthetic appeal. At the rear, you will find a kitchen that has been fitted with contemporary design elements, awaiting personal touches or upgrades. A conveniently placed downstairs W/C adds to the practicality of the layout. On the first floor, there are four varied bedrooms. Three double rooms offer generous spaces suitable for furnishing, while the fourth room could serve multiple purposes, becoming either a cozy office or playroom. The bathroom is described as a peaceful retreat with its modern design, though it leaves room for additional updates if desired. The attached commercial unit boasts great visibility, offering various potential uses or rental opportunities (subject to local planning regulations). This adaptable space adds significant value to the property and opens doors for future ventures. Situated in Openshaw, you’ll benefit from excellent transport links into Manchester City Centre alongside nearby amenities including shops and leisure facilities. With its size, versatility, and investment potential in an up-and-coming area, this property is truly unique within today's market.

Investment Analysis

(M11 area)

Below Market Value

This property is priced -0.7% below area average per sq ft

-0.7%
Potential saving
This Property
£223/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£268
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£470,729
10% above area average per sq ft
Potential ROI
+1.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (M11)

Area prices are falling by -5.5% over the last 12 months
3 year growth: -4.6%
5 year growth: +9.0%
Investment Disclaimer: Analysis based on M11 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

Schofield Street, Clayton, Greater Manchester, M11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 over 30 years at 4.06% 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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