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Richmond Close, Whitefield, M45

North West

£395,000
Listed on 27/02/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1679 sqft

Description

This semi-detached family residence offers substantial living space and sits on a generous plot, making it an appealing prospect for those looking to invest in property with future enhancement possibilities. Boasting four spacious bedrooms, there is considerable scope for extension or garage conversion, pending the necessary planning permissions. The entrance hall welcomes you into the home, providing access to a practical ground floor WC. A sizable lounge serves as a comfortable gathering spot, filled with natural light and featuring plush carpeting. The kitchen is equipped with ample wall and base units and leads into a bright open-plan living and dining area that encourages a seamless indoor-outdoor flow through sliding patio doors opening onto a large rear garden. This layout is perfect for both family living and entertaining guests. On the first floor, four well-appointed bedrooms await, including two large doubles—one with fitted wardrobes—and two additional rooms suitable for various uses such as children’s bedrooms or home offices. The loft provides extra storage options while offering potential for future development. Notably, views from the front-facing bedrooms extend towards the Manchester skyline and surrounding moors, enriching the property's charm. Externally, mature gardens adorn both the front and backyards, contributing to a tranquil environment complemented by established greenery. A driveway offers convenient off-road parking leading to the garage which includes additional storage space that could be transformed into a utility area. This home not only provides ample room but also presents significant renovation potential that can be capitalized upon by future owners.

Investment Analysis

(M45 area)

Below Market Value

This property is priced -19.7% below area average per sq ft

-19.7%
Potential saving
This Property
£235/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£540,772
10% above area average per sq ft
Potential ROI
+24.3%
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
150%
Properties sold annually

Local Market Trend (M45)

Area prices are rising by +5.3% over the last 12 months
3 year growth: +11.4%
5 year growth: +31.3%
Investment Disclaimer: Analysis based on M45 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

Richmond Close, Whitefield, M45
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,425
Based on a loan of £296,250 over 30 years at 4.06% 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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