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Old Road, Failsworth, M35

North West

£140,000
Listed on 02/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
904 sqft

Description

This three-bedroom mid-terrace home in Failsworth presents a promising opportunity for renovation and investment. The property features an inviting entrance vestibule leading to a generously sized living room adorned with neutral white decor and dark grey carpet, which offers a modern yet warm ambiance. Access from the living room takes you to the expansive kitchen/diner, providing ample space for dining or further development as a second reception area. Although fitted with essential appliances, this kitchen could benefit from updating to enhance its functionality and aesthetic appeal. Upstairs, the layout includes three well-proportioned bedrooms; a spacious double at the front and two versatile singles at the rear, suitable for various uses such as children's rooms, a home office, or guest spaces. The family bathroom includes standard fittings but has potential for modernization to transform it into a more contemporary retreat. The property is characterized by its overall neutral palette, creating an excellent blank canvas for prospective owners to inject their personal style. Externally, there’s a manageable rear yard with access to an alleyway and pavement frontage typical of terraced homes in the area. Situated in a desirable location within easy reach of local amenities, schools, and transport links including buses and Metrolink services that connect directly to Manchester city centre, this home is ideal for investors or first-time buyers looking to add value through thoughtful renovations. Viewing is recommended to fully appreciate the space and potential this property has to offer.

Investment Analysis

(M35 area)

Below Market Value

This property is priced -39.7% below area average per sq ft

-39.7%
Potential saving
This Property
£155/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£271
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£255,312
10% above area average per sq ft
Potential ROI
+54.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (M35)

Area prices are rising by +5.9% over the last 12 months
3 year growth: +13.5%
5 year growth: +24.7%
Investment Disclaimer: Analysis based on M35 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

Old Road, Failsworth, M35
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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
£496
Based on a loan of £105,000 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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