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Dounrey Close, Fearnhead, WA2

North West

£230,000
Listed on 21/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
883 sqft

Description

This semi-detached bungalow is positioned in the sought-after Fearnhead area, conveniently located near local amenities and within a short stroll to Longbarn Park. The property is in need of modern updates, creating a valuable opportunity for buyers to personalize their living space. Inside, you'll find a spacious lounge, an adequately-sized dining kitchen, and a bright conservatory that enhances the living area. The two double bedrooms provide generous room for furnishings, while the bathroom is due for renovation. Additional features include driveway parking and a garage for secure vehicle storage or additional utility space. Offered with no onward chain, this property assures a smooth transition for potential buyers. It will appeal to those interested in single-level living in a well-established neighborhood with abundant potential for enhancement through renovation. Viewing is highly recommended to truly grasp the possibilities this bungalow holds.

Investment Analysis

(WA2 area)

Above Market Value

This property is priced +13.4% above area average per sq ft

+13.4%
This Property
£260/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£204
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£223,156
10% above area average per sq ft
Potential ROI
-12.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (WA2)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +2.5%
5 year growth: +30.9%
Investment Disclaimer: Analysis based on WA2 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

Dounrey Close, Fearnhead, WA2
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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
£830
Based on a loan of £172,500 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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