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Manchester Road, OL5

North West

£125,000
Listed on 01/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This spacious two-bedroom terraced house spans three levels and presents a noteworthy investment opportunity for those looking to enhance its potential. The property features a welcoming front lounge that flows into a secondary reception room, along with a bathroom and separate WC on the ground floor. The lower ground floor houses a fitted kitchen and cozy snug with a charming feature fireplace, providing direct access to an outdoor space. Upstairs, you'll find a generously sized front bedroom and a second bedroom complete with an ensuite bathroom at the rear. While the property is currently in need of improvement, its location amidst commercial properties means it could be transformed into an appealing rental or personal residence once renovations are completed. It's situated conveniently close to local amenities including shops, schools, and transport links like Mossley Train Station. Currently tenanted at £615 per month (with an increase effective November 2025), this home could serve as a steady income stream while undergoing updates. Potential buyers reliant on mortgages should reassess their financing options due to the surrounding commercial environment.

Investment Analysis

(OL5 area)
Area Average
£253/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (OL5)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +0.7%
5 year growth: +12.6%
Investment Disclaimer: Analysis based on OL5 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

Manchester Road, OL5
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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
£443
Based on a loan of £93,750 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.

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