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Falcon Close, New Mills, High Peak - Image 1
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Falcon Close, New Mills, High Peak

North West

£270,000
Listed on 16/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

Nestled in a serene no-through road, this two-bedroom detached bungalow in New Mills offers a unique opportunity for renovation and investment. Surrounded by generous gardens, the property boasts potential for expansion, allowing for creative enhancement subject to obtaining the necessary planning permissions. The home features a long driveway leading to a detached garage, providing ample off-street parking and storage options. Inside, you will find PVC double glazing and gas central heating throughout. The layout includes an entrance hall that opens into a spacious living room, perfect for comfortable living or hosting guests. The adjoining dining kitchen has ample space for culinary creativity and family gatherings. Both bedrooms are generously sized, offering flexibility for various uses—whether as guest rooms, home offices, or children’s spaces. The shower room adds convenience to the practical layout of this bungalow. This property's location provides easy access to open countryside, making it ideal for those who appreciate outdoor activities while being within reach of local amenities in New Mills. Given its renovation potential and the absence of a forward chain, this bungalow is an intriguing prospect for both homeowners looking to personalize their space and investors seeking to add value through thoughtful updates and improvements.

Investment Analysis

(SK22 area)
Area Average
£292/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (SK22)

Area prices are falling by +3.5% over the last 12 months
3 year growth: 5.3%
5 year growth: 26.6%
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

Falcon Close, New Mills, High Peak
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£989
Based on a loan of £202,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE