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Leicester Road, Failsworth

North West

£260,000

Listed on 18/05/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
650 sqft

Description

This semi-detached bungalow, located on the popular Leicester Road in Failsworth, offers a valuable opportunity for buyers interested in a renovation project. Built in 1965, the property features two bedrooms, making it well-suited for families, couples, or individuals seeking a quiet living space. The welcoming reception room provides a comfortable area for relaxation and has patio doors that open into the spacious rear garden. While the interior requires updating, this presents an excellent chance for new owners to customize their home according to personal style and preferences. The generous garden is another highlight of this property, offering abundant space for gardening enthusiasts or anyone looking to create an enjoyable outdoor environment—perfect for summer afternoons or social gatherings. Additionally, off-road parking is available, which is a significant advantage in this area. The bungalow's location ensures convenient access to local amenities and transport links, making it ideal for daily commutes. This property represents a worthwhile investment opportunity due to its renovation potential and chain-free status. With thoughtful updates and enhancements, this bungalow can be transformed into a lovely home tailored to your needs.

Investment Analysis

(M35 area)

Above Market Value

This property is priced +53.8% above area average per sq ft

+53.8%
This Property
£400/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£263
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£185,972
10% above area average per sq ft
Potential ROI
-35.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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
£928
Based on a loan of £195,000 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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