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William Street, Failsworth, M35

North West

£120,000
Listed on 07/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
764 sqft

Description

This two-bedroom mid-terraced house offers a significant renovation opportunity for astute investors and developers looking to enhance property value in a desirable residential area. The layout includes a separate lounge and dining room, both of which can be modernized to create attractive living spaces. Each bedroom is spacious, allowing for flexible design alternatives that can cater to either rental or resale markets. Enhancements are needed throughout, including the kitchen and family bathroom, which currently require complete refurbishment. Located conveniently near local amenities, schools, and transport connections, this property is poised to attract future tenants or homeowners due to strong rental demand in the vicinity. The absence of an onward chain facilitates a smoother purchasing process, making it easier for buyers to act swiftly on this promising opportunity. With some creative vision and investment, this house has the potential to be transformed into a tailored home or a lucrative investment in a thriving neighbourhood.

Investment Analysis

(M35 area)

Below Market Value

This property is priced -39.6% below area average per sq ft

-39.6%
Potential saving
This Property
£157/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£263
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£218,588
10% above area average per sq ft
Potential ROI
+36.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (M35)

Area prices are rising by +7.2% over the last 12 months
3 year growth: +15.2%
5 year growth: +26.3%
Investment Disclaimer: Analysis based on M35 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

William Street, Failsworth, M35
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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
£428
Based on a loan of £90,000 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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