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Parkfield Road North, New Moston, Manchester, M40 - Image 1
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Parkfield Road North, New Moston, Manchester, M40

North West

£215,000

Listed on 19/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
958 sqft

Description

This three-bedroom semi-detached house on Parkfield Road North offers a significant opportunity for those looking to invest in a property that requires modernisation. The home sits on a generous plot and has the potential for transformation into an ideal family residence or rental investment. With ample off-street parking space provided by the large driveway, along with a garage that could serve as additional storage or a workshop, the property is well equipped for future enhancements. The spacious interior includes a welcoming entrance hallway leading to a living room featuring a traditional bay window. At the rear, there’s a separate kitchen and dining area, both of which overlook the expansive garden - perfect for outdoor gatherings or for those with a green thumb. While currently in need of refurbishment throughout, savvy buyers can look forward to creating their own style and maximising the property's value through careful renovations and potentially extending it in line with local trends. The property is ideally located close to local amenities, schools, and transport links into Manchester City Centre, further amplifying its attractiveness as an investment opportunity. Available with no onward chain, this property is primed for buyers ready to embark on a renovation project in a sought-after neighbourhood.

Investment Analysis

(M40 area)

Below Market Value

This property is priced -5.4% below area average per sq ft

-5.4%
Potential saving
This Property
£224/sq ft
Area Average
£237/sq ft
Avg Rent (weekly)
£267
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£250,067
10% above area average per sq ft
Potential ROI
-1.9%
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

Parkfield Road North, New Moston, 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
£767
Based on a loan of £161,250 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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