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Gould Street, Manchester, M34 2

North West

£180,000
Listed on 19/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
901 sqft

Description

This substantial three-bedroom period terraced house presents an exceptional opportunity for investors seeking to add value through renovation. Situated in the established residential area of Denton, Manchester, this property boasts around 926 sq ft of living space and an outbuilding, making it a promising candidate for modernization. The strong rental market in Denton is bolstered by its proximity to Manchester city centre, efficient transport links via the M60 motorway, and an array of local amenities, including schools and shopping facilities. The home retains distinctive period features such as high ceilings and decorative coving, which together with the spacious layout open up possibilities for various refurbishment strategies. The ground floor offers a generous front reception room with a bay window and fireplace, paired with a second versatile reception space that can be reconfigured into an open-plan kitchen diner if desired. The kitchen has direct access to a rear yard, providing potential for outdoor enhancements. Upstairs are three bedrooms: two sizable doubles and a more compact single ideal for use as a child's room or home office, complemented by a family bathroom. While the entire property would benefit from modern updates throughout, the existing dimensions and character offer a solid starting point for anyone looking to either rent out or sell post-refurbishment. Outside features include a rear garden measuring approximately 37 ft, offering ample scope for landscaping improvements that could greatly increase aesthetic appeal and tenant draw. A practical outbuilding adds further utility to this investment opportunity in an area known for consistent demand and commuter-friendly advantages.

Investment Analysis

(M34 area)

Below Market Value

This property is priced -24.8% below area average per sq ft

-24.8%
Potential saving
This Property
£200/sq ft
Area Average
£266/sq ft
Avg Rent (weekly)
£240
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£263,137
10% above area average per sq ft
Potential ROI
+14.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (M34)

Area prices are falling by -5.4% over the last 12 months
3 year growth: +3.5%
5 year growth: +22.6%
Investment Disclaimer: Analysis based on M34 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

Gould Street, Manchester, M34 2
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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
£649
Based on a loan of £135,000 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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