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Glebelands Road, Prestwich -A Great Development Opportunity

North West

£850,000
Listed on 29/12/2025

Property Details

Bedrooms
10
Type
Semi-detached house

Description

This property presents a unique investment opportunity, boasting one of the largest plots in Prestwich on the sought-after Glebelands Road. Currently arranged as a 10-bedroom House in Multiple Occupation (HMO), it features 4 self-contained studios and 6 individual bedsits, all occupied by long-term tenants. The standout feature of this property is its expansive south-facing garden, which offers extensive outdoor space that could be enhanced through landscaping or the addition of entertaining areas. There is also significant parking capacity with potential for a garage (pending planning permission). For those looking to undertake a prestigious renovation project, this property holds remarkable transformation potential. Architectural plans and CGI visuals are available, illustrating how the current layout can be redesigned without needing extensions—primarily through strategic knock-throughs and comprehensive refurbishment. The proposed redesign envisions: - 6 generous bedrooms - Various reception rooms for versatile use - An expansive kitchen/dining area - Ample gardens and terraces for outdoor enjoyment Located just a short distance from Prestwich Village—which offers a lively café scene, independent retailers, and excellent transport links to Manchester city centre—this property is situated in one of Greater Manchester's most desirable suburbs known for its strong community spirit, quality schools, and green spaces.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
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

Glebelands Road, Prestwich -A Great Development Opportunity
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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
£3,114
Based on a loan of £637,500 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