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Alma Street Works, Meadowcroft, Manchester, Lancashire M26 4JP - Image 1
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Alma Street Works, Meadowcroft, Manchester, Lancashire M26 4JP

North West

£300,000
Listed on 21/04/2026

Property Details

Bedrooms
N/A
Type
Commercial Property

Description

This property represents an appealing industrial investment with a secured lease until March 2031, currently generating an annual rental income of £25,000, which will increase to £27,500 shortly. The building spans approximately 218 square meters (2,347 square feet) and features a functional layout that includes natural light-flooded spaces thanks to roof lights, along with an internal office area and necessary amenities. Access is facilitated by both a pedestrian entrance and a loading ramp equipped with a roller shutter, while the secured yard provides ample space for operational needs. The attached office section offers additional flexibility with two offices and a reception area serviced by a hatch and W/C. Located off Meadowcroft and within proximity to Radcliffe town centre, this site benefits from excellent transport links, being conveniently close to Junction 17 of the M60 motorway as well as Bury town centre. Notably, the property has potential for future development or expansion subject to planning permissions. The freehold tenure adds value to the investment albeit it requires some minor updates to optimize its performance.

Investment Analysis

(M26 area)
Area Average
£236/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Alma Street Works, Meadowcroft, Manchester, Lancashire M26 4JP
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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
£1,063
Based on a loan of £225,000 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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