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Flat 2 Coniston Court 2, Downes Way, Sharston, Manchester, M22 - Image 1

Flat 2 Coniston Court 2, Downes Way, Sharston, Manchester, M22

North West

£140,000
Listed on 21/10/2025

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom property presents a promising opportunity for renovation or investment in a well-established development. The layout includes a spacious lounge area, providing a solid foundation that can be transformed into an inviting living space tailored to modern tastes. Positioned conveniently with off-road parking, this residence benefits from easy access to local amenities and public transport links, making it ideal for both homeowners and renters alike. Its strategic location enhances its appeal as a rental investment, especially given the growing demand in the area. The property is leasehold with a lengthy remaining term of approximately 960 years. Current service charges are set at £127.70 per month, while ground rent is £246.29 annually, offering manageable ownership costs for prospective buyers. With thoughtful renovations, this home could be revitalized to meet contemporary standards, potentially increasing its market value significantly. This combination of structural potential and favorable location makes it an excellent candidate for those looking to invest in property or create a personalized residence. For further details or to schedule a viewing, interested parties are encouraged to reach out directly.

Investment Analysis

(M22 area)
Area Average
£290/sq ft
Avg Rent (weekly)
£288
Avg Yield
5.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (M22)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 14.6%
5 year growth: 40.0%
Investment Disclaimer: Analysis based on M22 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.

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Location

Flat 2 Coniston Court 2, Downes Way, Sharston, Manchester, M22
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