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Ludgate Road, Manchester, M40

North West

£173,000

Listed on 19/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
840 sqft

Description

This semi-detached 3-bedroom house in Newton Heath, Manchester, presents a significant opportunity for renovation and enhancement. With double glazing and gas central heating already installed, the property is a solid base for modern updates. The ground floor features a spacious living and dining area along with a fitted kitchen, which could benefit from contemporary redesign or reconfiguration. Upstairs, you'll find two generous double bedrooms and a single bedroom, complemented by a family bathroom that may require upgrading. Outside, the private rear garden offers both patio and lawn spaces, ideal for outdoor activities or further landscaping potential. Situated in a sought-after area of Manchester, this home is conveniently located near various amenities such as shops, eateries, and excellent public transport options including Moston train station and easy access to the M60 motorway. Given its current state of needing modernization, this property could be transformed into a desirable family home or an excellent investment opportunity.

Investment Analysis

(M40 area)

Below Market Value

This property is priced -13.2% below area average per sq ft

-13.2%
Potential saving
This Property
£206/sq ft
Area Average
£237/sq ft
Avg Rent (weekly)
£267
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£219,265
10% above area average per sq ft
Potential ROI
+2.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (M40)

Area prices are rising by +9.2% over the last 12 months
3 year growth: +12.1%
5 year growth: +37.9%
Investment Disclaimer: Analysis based on M40 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

Ludgate Road, Manchester, M40
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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
£617
Based on a loan of £129,750 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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