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Mackenders Lane, Eccles

South East

£290,000
Listed on 23/02/2026

Property Details

Bedrooms
1
Type
Detached house
Area
695 sqft

Description

This distinctive timber-framed bungalow presents a unique chance for investment in the heart of Eccles village. Nestled on a generous plot of around 0.18 acres, the property offers considerable opportunities for modernisation or even full redevelopment, pending the appropriate permissions. Dating back to the late Victorian period, the home features a layout that includes a sitting room, dining room, kitchen, one bedroom, and a bathroom. Outside, there is a garage and driveway ensuring ample off-road parking alongside landscaped gardens at both the front and rear.<br><br>While the property has been preserved over time, it may pose challenges for obtaining a conventional mortgage due to its construction type. This makes it an appealing prospect for cash buyers looking for a renovation project to tailor to their needs or developers contemplating a knockdown and rebuild strategy. Additionally, there is potential for constructing an additional dwelling within the spacious rear garden, as demonstrated by several nearby properties that have successfully undertaken similar projects.

Investment Analysis

(ME20 area)

Above Market Value

This property is priced +9.8% above area average per sq ft

+9.8%
This Property
£417/sq ft
Area Average
£380/sq ft
Avg Rent (weekly)
£376
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£290,625
10% above area average per sq ft
Potential ROI
-21.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (ME20)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +1.5%
5 year growth: +16.7%
Investment Disclaimer: Analysis based on ME20 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

Mackenders Lane, Eccles
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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
£1,046
Based on a loan of £217,500 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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