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Greenway Avenue, Manchester

North West

£150,000
Listed on 17/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
796 sqft

Description

This vacant two-bedroom terraced house in Levenshulme presents an excellent opportunity for investors or those looking to enhance their property portfolio through renovation. The layout includes an entrance hallway, two spacious reception rooms, a kitchen, and a rear yard on the ground floor. Upstairs, you'll find two generous double bedrooms along with a bathroom. The property requires comprehensive modernisation, making it ideal for buyers interested in adding value and capitalising on the strong resale or rental potential in this sought-after area. With similar properties nearby achieving competitive sale prices, there is significant potential to create a desirable living space or investment property.

Investment Analysis

(M19 area)

Below Market Value

This property is priced -36.8% below area average per sq ft

-36.8%
Potential saving
This Property
£188/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£297
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £45,000
Target Value
£261,235
10% above area average per sq ft
Potential ROI
+34.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (M19)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 10.9%
5 year growth: 39.0%
Investment Disclaimer: Analysis based on M19 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

Greenway Avenue, 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
£549
Based on a loan of £112,500 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