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Louisa Street, Manchester, M11

North West

£165,000
Listed on 20/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
794 sqft

Description

This two-bedroom mid-terrace home situated on the sought-after Louisa Street in Openshaw represents an enticing investment opportunity for cash buyers. It benefits from convenient access to Manchester city centre and is close to popular venues such as the Etihad Stadium and Co-op Live, making it appealing for rental potential. The layout consists of a welcoming entrance leading into a front reception area that connects to a separate dining room, offering versatile living space. At the rear, you'll find a kitchen that opens onto a secluded private yard, perfect for outdoor relaxation. Upstairs, the property features two reasonably sized bedrooms alongside a family bathroom equipped with a three-piece suite. The home requires a degree of renovation and modernization, allowing new owners to tailor the updates according to their taste while enhancing its future value. Given the region's ongoing demand for rentals due to proximity to essential amenities and transport networks, this property offers significant potential for those looking to invest.

Investment Analysis

(M11 area)

Below Market Value

This property is priced -7.2% below area average per sq ft

-7.2%
Potential saving
This Property
£208/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£268
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£195,685
10% above area average per sq ft
Potential ROI
+3.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (M11)

Area prices are falling by -5.5% over the last 12 months
3 year growth: -4.6%
5 year growth: +9.0%
Investment Disclaimer: Analysis based on M11 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

Louisa Street, Manchester, M11
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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
£595
Based on a loan of £123,750 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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