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Goring avenue, Gorton

North West

£160,000
Listed on 13/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
390 sqft

Description

This three-bedroom semi-detached house presents a compelling opportunity for investors or those seeking a renovation project in Gorton, Manchester. Requiring modernisation throughout, the property invites creative input to enhance its value and adapt it to personal standards. Upon completion, it is set to be sold with vacant possession, making it an attractive option for potential landlords aiming for rental income, which can reach approximately £1,300 per month in this area. The ground floor comprises two reception rooms along with a kitchen and utility area, while the first floor features three bedrooms and a shower room. Notably, similar properties have recently sold in the vicinity for prices between £240,000 and £265,000, demonstrating strong market activity. Gorton boasts essential amenities such as shops and schools, plus excellent transport connectivity with Belle Vue train station nearby and quick access to the A57 and M60 motorways.

Investment Analysis

(M18 area)

Above Market Value

This property is priced +91.4% above area average per sq ft

+91.4%
This Property
£410/sq ft
Area Average
£214/sq ft
Avg Rent (weekly)
£265
Avg Yield
6.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£91,935
10% above area average per sq ft
Potential ROI
-52.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
65%
Properties sold annually

Local Market Trend (M18)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +6.2%
5 year growth: +39.7%
Investment Disclaimer: Analysis based on M18 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

Goring avenue, Gorton
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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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