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Somerfield Road, Manchester

North West

£160,000
Listed on 09/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terraced house presents a solid opportunity for renovation and investment. While the property is currently in need of some updating, it features an entrance hallway leading to a spacious lounge, a kitchen equipped with essential appliances, and two bedrooms complemented by a family bathroom. Outside, you will find front gardens as well as an enclosed rear garden that offers potential for landscaping or enhancement. Located within proximity to local amenities and excellent transport links, this home is particularly appealing for first-time buyers or buy-to-let investors looking to capitalize on the area's rental market. A personal viewing is strongly recommended to appreciate the possibilities this property holds.

Investment Analysis

(M9 area)
Area Average
£210/sq ft
Avg Rent (weekly)
£269
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (M9)

Area prices are rising by +12.7% over the last 12 months
3 year growth: 20.4%
5 year growth: 54.2%
Investment Disclaimer: Analysis based on M9 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

Somerfield Road, Manchester
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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
£586
Based on a loan of £120,000 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