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Lyme Grove, Droylsden, M43

North West

£160,000
Listed on 06/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
797 sqft

Description

This three-bedroom mid-terraced house presents a significant opportunity for renovation enthusiasts and investors, situated in a well-established residential area. Offered vacant and without a chain, it simplifies the buying process for those ready to engage with a project. The property is freehold and falls under Council Tax Band A, which keeps ongoing expenses manageable. Inside, the layout features a spacious lounge, a kitchen diner equipped with a gas hob, and three generously sized bedrooms. The UPVC double glazing and gas central heating provide an acceptable comfort level as you plan updates to enhance energy efficiency; current EPC stands at D with potential improvements to B through thoughtful renovations. The house is ripe for modernisation throughout, allowing prospective buyers to personalise the space fully to their liking. With strong rental prospects estimated around £1,300 per month once revitalised, this property also offers solid investment potential. Notably, there is room to create off-road parking at the front subject to necessary planning permissions—a valuable feature in today’s market. Externally, the large rear garden provides ample scope for families or gardening aficionados looking to create an outdoor haven or entertaining space. It boasts sufficient privacy and versatility for landscaping or adding outdoor amenities like patios or decking areas. The front garden area further enhances curb appeal while being set back from the road adds tranquillity. Conveniently located near local amenities, schools, and transport links makes this property an attractive option for families and commuters alike. Overall, this home presents a rare chance to add value while crafting a space that meets individual tastes—a solid prospect worth exploring further.

Investment Analysis

(M43 area)

Below Market Value

This property is priced -28.4% below area average per sq ft

-28.4%
Potential saving
This Property
£201/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£283
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£245,914
10% above area average per sq ft
Potential ROI
+26.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (M43)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -3.2%
5 year growth: +32.4%
Investment Disclaimer: Analysis based on M43 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

Lyme Grove, Droylsden, M43
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£571
Based on a loan of £120,000 over 30 years at 3.97% 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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