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Heaton Close, Bury, Greater Manchester, BL9 8BH

North West

£140,000
Listed on 08/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
627 sqft

Description

This two-bedroom terrace, situated in a sought-after area, presents a valuable opportunity for those looking to invest in a property with renovation potential. The home features a spacious kitchen that serves as an ideal space for cooking and entertaining, alongside a separate lounge perfect for relaxation. Upstairs, you will find two well-sized bedrooms: a generous double and a practical single, complemented by a bathroom that is primed for modernisation. The rear yard offers potential for landscaping or creating an outdoor retreat, further enhancing the property's appeal. While some updates are necessary throughout the space, this provides an excellent canvas for buyers wanting to put their personal touch on their new home. Currently vacant and chain-free, this residence is tailored for first-time buyers or investors seeking to maximise value through refurbishment. Early viewings are encouraged to truly grasp the investment possibilities this property holds.

Investment Analysis

(BL9 area)

Below Market Value

This property is priced -7.7% below area average per sq ft

-7.7%
Potential saving
This Property
£223/sq ft
Area Average
£242/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£166,873
10% above area average per sq ft
Potential ROI
-1.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
77%
Properties sold annually

Local Market Trend (BL9)

Area prices are stable by -1.5% over the last 12 months
3 year growth: +10.6%
5 year growth: +29.4%
Investment Disclaimer: Analysis based on BL9 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

Heaton Close, Bury, Greater Manchester, BL9 8BH
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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
£505
Based on a loan of £105,000 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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