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Leicester Road, Failsworth

North West

£235,000

Listed on 18/05/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
650 sqft

Description

This semi-detached bungalow, constructed in 1965 and located on Leicester Road in Failsworth, presents a prime opportunity for those looking to create their dream home. Featuring two bedrooms, this property is well-suited for small families, couples, or individuals desiring a tranquil living environment. The welcoming reception area offers a cozy space for both relaxation and social gatherings, complete with patio doors that open up to a generous rear garden ripe for transformation. Although the bungalow requires some modernisation, it allows the new owner to infuse their style into the interior spaces. The expansive garden is ideal for gardening enthusiasts or anyone wishing to establish an outdoor sanctuary—a blank canvas awaiting creative landscaping ideas. Additional benefits include off-road parking and convenient access to local amenities and transport options. This property is offered chain-free, making it an attractive prospect for buyers interested in a renovation project with significant potential.

Investment Analysis

(M35 area)

Above Market Value

This property is priced +39.0% above area average per sq ft

+39.0%
This Property
£362/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£263
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£185,972
10% above area average per sq ft
Potential ROI
-32.4%
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

Leicester Road, Failsworth
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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
£838
Based on a loan of £176,250 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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