This three-bedroom end-terrace property in Gorton presents a noteworthy opportunity for investors and developers. Currently vacant, this residence features two reception areas, a kitchen, one double bedroom, two single bedrooms, and a family bathroom. The backyard offers a low-maintenance yard area, but the interior requires comprehensive refurbishment, ideal for those looking to add value through modernisation or upgrades. Its existing layout holds significant potential for both buy-to-let investors aiming to capitalise on the strong rental market post-renovation, as well as those interested in flipping properties for profit.
Situated within a well-established residential neighbourhood, this home enjoys convenient access to an array of local amenities such as supermarkets, schools, parks, and independent shops. Excellent transport connections are available through nearby bus routes and major roads leading directly into Manchester city centre and surrounding areas. This advantageous location not only appeals to future tenants but also strengthens its viability as an investment property.
Recent sales of comparable properties in the vicinity further underscore the potential value of this investment:
- 5 Thornwood Avenue sold for £154,000 (2 bed)
- 37 Reddish Lane sold for £160,000 (3 bed)
- 23 Beatrice Street sold for £165,000 (2 bed)
Overall, rental prices in this area range from approximately £900 to £1,000 per month.
