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Handforth Road, Reddish

North West

£240,000
Listed on 05/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
985 sqft

Description

This three-bedroom end-terraced home in South Reddish offers a remarkable opportunity for buyers aiming to customize their future space. The property features extensions to both the side and rear, significantly enhancing its indoor living area. The layout includes a welcoming hallway, two spacious reception rooms that could be adapted for various uses, and three generously sized bedrooms. Although the residence requires modernisation, it serves as an excellent blank canvas for renovation enthusiasts to add personal touches and improvements. Located in a desirable residential neighbourhood close to local amenities, transport links, and reputable schools, this home is primed for investment potential. The absence of any onward chain facilitates a smoother purchasing process for prospective buyers.

Investment Analysis

(SK5 area)

Below Market Value

This property is priced -8.9% below area average per sq ft

-8.9%
Potential saving
This Property
£244/sq ft
Area Average
£268/sq ft
Avg Rent (weekly)
£253
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£289,890
10% above area average per sq ft
Potential ROI
+3.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
67%
Properties sold annually

Local Market Trend (SK5)

Area prices are rising by +6.6% over the last 12 months
3 year growth: +8.1%
5 year growth: +37.0%
Investment Disclaimer: Analysis based on SK5 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

Handforth Road, Reddish
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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
£866
Based on a loan of £180,000 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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