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22 Derwent Road, Middleton, Manchester, M24 5LP - Image 1
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22 Derwent Road, Middleton, Manchester, M24 5LP

North West

£70,000
Listed on 12/02/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This mid-terrace house features two bedrooms and is complemented by a rear garden, providing a promising outdoor space. Situated in Middleton, Greater Manchester, the property is conveniently located near local amenities and has good transport links via the M60 and M62 motorways. The house requires modernisation and presents an excellent opportunity for investors or homeowners looking to add value through renovation. Additionally, there is potential for extending the property, subject to obtaining the necessary planning permissions. With its vacant status, this home is ready for immediate transformation.

Investment Analysis

(M24 area)
Area Average
£247/sq ft
Avg Rent (weekly)
£261
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (M24)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +6.8%
5 year growth: +27.9%
Investment Disclaimer: Analysis based on M24 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

22 Derwent Road, Middleton, Manchester, M24 5LP
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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
£252
Based on a loan of £52,500 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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