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Mellor Road, New Mills, SK22

North West

£265,000
Listed on 23/04/2026

Property Details

Bedrooms
2
Type
House
Area
922 sqft

Description

This semi-detached home presents a promising opportunity for buyers looking to implement their personal touch and design preferences, as it is in need of modernization. Featuring an extended rear space that enhances the living and dining area, this property also boasts potential for further development, pending requisite planning permissions. Located in a desirable North West area near New Mills, the home benefits from proximity to everyday amenities, educational institutions, diverse cafes and restaurants, as well as excellent rail links for commuters. The property consists of a welcoming reception hallway leading into a sitting room and an open-plan family/dining room adjoining a fitted kitchen. Upstairs, you will find two spacious bedrooms along with a bathroom. The exterior offers a generous rear lawn garden complete with a sun terrace that captures stunning distant views. The front features a driveway accommodating two vehicles alongside an integrated garage, complemented by a small garden area with steps. This property is sold subject to Grant of Probate completion; please consult your legal advisor for timelines. Overall, this deceptively roomy home has great potential waiting to be unlocked through thoughtful renovation.

Investment Analysis

(SK22 area)

Below Market Value

This property is priced -4.8% below area average per sq ft

-4.8%
Potential saving
This Property
£287/sq ft
Area Average
£302/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£306,238
10% above area average per sq ft
Potential ROI
+2.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SK22)

Area prices are rising by +6.1% over the last 12 months
3 year growth: +15.8%
5 year growth: +33.9%
Investment Disclaimer: Analysis based on SK22 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

Mellor Road, New Mills, SK22
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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
£939
Based on a loan of £198,750 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

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