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Mellor Street, Prestwich, Manchester, Greater Manchester, M25 3HT - Image 1
Mellor Street, Prestwich, Manchester, Greater Manchester, M25 3HT - Image 2
Mellor Street, Prestwich, Manchester, Greater Manchester, M25 3HT - Image 3
Mellor Street, Prestwich, Manchester, Greater Manchester, M25 3HT - Image 4
Mellor Street, Prestwich, Manchester, Greater Manchester, M25 3HT - Image 5
Mellor Street, Prestwich, Manchester, Greater Manchester, M25 3HT - Image 6
Mellor Street, Prestwich, Manchester, Greater Manchester, M25 3HT - Image 7
Mellor Street, Prestwich, Manchester, Greater Manchester, M25 3HT - Image 8
Mellor Street, Prestwich, Manchester, Greater Manchester, M25 3HT - Image 9
Mellor Street, Prestwich, Manchester, Greater Manchester, M25 3HT - Image 10

Mellor Street, Prestwich, Manchester, Greater Manchester, M25 3HT

North West

£180,000
Listed on 20/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This period mid-terrace property presents a compelling investment opportunity for those looking to engage in a comprehensive renovation project. Located in the desirable Prestwich Village, this property is a true blank canvas, offering ample space throughout for imaginative updates and modernisation. The layout features a spacious reception area, a sizeable kitchen, two generously sized bedrooms, and a family bathroom, all of which provide numerous possibilities to enhance functionality and aesthetic appeal. With its traditional proportions and structure, the property is well-suited for first-time buyers or investors keen on adding value through targeted improvements. The surrounding area enhances the property's attractiveness with Prestwich Village's vibrant selection of independent establishments just a short walk away, alongside convenient access to public transport links and green spaces like Prestwich Clough and Drinkwater Park. This location not only supports lifestyle benefits but also ensures strong rental potential due to its proximity to Manchester City Centre. Given the level of required renovation, viewing is highly encouraged for those wanting to explore the potential within this prime setting.

Investment Analysis

(M25 area)
Area Average
£309/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (M25)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 6.5%
5 year growth: 29.9%
Investment Disclaimer: Analysis based on M25 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

Mellor Street, Prestwich, Manchester, Greater Manchester, M25 3HT
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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
£659
Based on a loan of £135,000 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