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Melrose Gardens, Radcliffe, Manchester, Greater Manchester, M26 - Image 1
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Melrose Gardens, Radcliffe, Manchester, Greater Manchester, M26 - Image 3
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Melrose Gardens, Radcliffe, Manchester, Greater Manchester, M26 - Image 7
Melrose Gardens, Radcliffe, Manchester, Greater Manchester, M26 - Image 8
Melrose Gardens, Radcliffe, Manchester, Greater Manchester, M26 - Image 9
Melrose Gardens, Radcliffe, Manchester, Greater Manchester, M26 - Image 10

Melrose Gardens, Radcliffe, Manchester, Greater Manchester, M26

North West

£120,000
Listed on 30/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
857 sqft

Description

This two-bedroom terraced house in Radcliffe, Manchester presents a fantastic investment opportunity for buyers looking to undertake a renovation project. Offered with no onward chain, the property features two reception rooms on the ground floor, one of which opens directly to the garden, creating a potential space for outdoor living. The upstairs comprises two double bedrooms, a kitchen, and a bathroom, making it suitable for both first-time buyers and investors keen on improving residential properties in an accessible area. The local amenities are conducive to family life, with nearby schools serving various age groups and parks offering recreational facilities. Additionally, public transport links via the Radcliffe Metrolink tram provide convenient access to Manchester city centre within approximately 25–30 minutes—a significant consideration for commuters. Given its location and layout, this property is ideal for those seeking to modernize or reconfigure spaces to meet contemporary standards while enhancing its overall value within a well-established community.

Investment Analysis

(M26 area)

Below Market Value

This property is priced -40.6% below area average per sq ft

-40.6%
Potential saving
This Property
£140/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£222,383
10% above area average per sq ft
Potential ROI
+43.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (M26)

Area prices are rising by +5.8% over the last 12 months
3 year growth: +13.3%
5 year growth: +19.1%
Investment Disclaimer: Analysis based on M26 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

Melrose Gardens, Radcliffe, Manchester, Greater Manchester, M26
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£425
Based on a loan of £90,000 over 30 years at 3.91% 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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