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Derby Road, Ashton-Under-Lyne

North West

£230,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1283 sqft

Description

This two-bedroom bungalow, held by the same family since its construction in the 1950s, presents a promising canvas for renovation and personalisation. While it currently requires modernisation, its spacious layout and substantial plot size create significant potential for transformation, allowing buyers to shape the space according to their preferences. The property features a welcoming walled front garden leading up to the entrance, where you’re greeted by a hallway that branches into a generous lounge with an area suitable for dining. The kitchen at the rear connects to a sun room that overlooks the garden—ideal for enhancing natural light and expanding living space. Both bedrooms are well-sized; the main bedroom boasts fitted wardrobes while the second enjoys views of the back garden. An added bonus is the loft space with adequate headroom, currently accessible via a hatch but offering future conversion possibilities pending planning permission. The exterior includes ample driveway space leading to a double garage, providing excellent storage options or potential use as workspace. With low maintenance gardens surrounding the property and its prime location between Stalybridge and Ashton under Lyne—close to shops, parks, and amenities—this bungalow is ripe with opportunity for savvy buyers looking to invest in an adaptable home.

Investment Analysis

(OL6 area)

Below Market Value

This property is priced -24.1% below area average per sq ft

-24.1%
Potential saving
This Property
£179/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£232
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£333,349
10% above area average per sq ft
Potential ROI
+23.5%
After renovation
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
26%
Properties sold annually

Local Market Trend (OL6)

Area prices are rising by +3.5% over the last 12 months
3 year growth: 8.9%
5 year growth: 49.3%
Investment Disclaimer: Analysis based on OL6 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

Derby Road, Ashton-Under-Lyne
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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
£843
Based on a loan of £172,500 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