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Ellesmere Terrace, Manchester, Greater Manchester, M14

North West

£160,000
Listed on 11/03/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
777 sqft

Description

Located in the vibrant area of Ladybarn, M14, this mid-terraced property presents an exceptional opportunity for those looking to undertake a renovation project. With a comprehensive refurbishment needed throughout, this residence allows buyers to inject their personal style while potentially increasing its market value. This is an ideal prospect for first-time homeowners or investors aiming to capitalize on a strong rental market in a desirable location. The property features an entrance hallway that leads into a spacious living room and separate dining room, along with a kitchen positioned at the rear. On the upper level, you will find two generously sized bedrooms accompanied by a family bathroom. The outdoor space includes a private rear yard and on-street parking available at the front. The advantageous location ensures quick access into Manchester City Centre via Kingsway and excellent public transport links to local universities and surrounding areas. Mauldeth Road Train Station is conveniently located within walking distance to facilitate fast commuting. This property is being sold through Modern Method of Auction, providing a structured buying process that may benefit both buyers and sellers. It’s an ideal renovation project waiting for your vision, perfect for those seeking to create their dream home or a reliable investment option.

Investment Analysis

(M14 area)

Below Market Value

This property is priced -23.8% below area average per sq ft

-23.8%
Potential saving
This Property
£206/sq ft
Area Average
£270/sq ft
Avg Rent (weekly)
£396
Avg Yield
7.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£230,854
10% above area average per sq ft
Potential ROI
+15.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (M14)

Area prices are falling by -2.9% over the last 12 months
3 year growth: +7.3%
5 year growth: +32.4%
Investment Disclaimer: Analysis based on M14 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

Ellesmere Terrace, Manchester, Greater Manchester, M14
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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
£577
Based on a loan of £120,000 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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