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Spring Ln, Manchester, M26 2QX - Image 1
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Spring Ln, Manchester, M26 2QX

North West

£115,000
Listed on 24/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
935 sqft

Description

This two-bedroom mid-terrace house presents a solid opportunity for those looking to invest in a property with substantial renovation potential. The layout includes an entrance hall, a living room, and a kitchen, which could be transformed into a modern living space. On the first floor, you'll find two generously sized bedrooms along with a bathroom that could benefit from updating. The rear features an enclosed courtyard, providing some outdoor space to enhance. Conveniently situated near the Town Centre and public transport options, this property is ideal for first-time buyers willing to put in some work to create their perfect home. With no onward chain, it offers flexibility for new owners ready to embark on their renovation journey.

Investment Analysis

(M26 area)

Below Market Value

This property is priced -46.8% below area average per sq ft

-46.8%
Potential saving
This Property
£123/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£237,995
10% above area average per sq ft
Potential ROI
+70.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
73%
Properties sold annually

Local Market Trend (M26)

Area prices are rising by +5.1% over the last 12 months
3 year growth: +12.1%
5 year growth: +19.2%
Investment Disclaimer: Analysis based on M26 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

Spring Ln, Manchester, M26 2QX
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£415
Based on a loan of £86,250 over 30 years at 4.06% 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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