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Greenside Street, Openshawe, Manchester, M11 - Image 8

Greenside Street, Openshawe, Manchester, M11

North West

£140,000

Listed on 15/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
565 sqft

Description

This two-bedroom terrace property presents a promising investment opportunity for both investors and first-time buyers. Located on Greenside Street, the home features an inviting entrance that opens to a spacious lounge area, flowing into an open-plan kitchen and dining space with direct access to a modest rear courtyard garden. On the first floor, two well-sized double bedrooms are complemented by a family bathroom conveniently located off the landing. While the property is currently in need of some updating and modernization, it holds significant potential for enhancement. With renovations, it is projected to yield a rental income of around £995 per month, making it an attractive buy-to-let option. Early interest is encouraged to fully grasp the value this property can offer. Additionally, this leasehold home comes with 872 years remaining and an EPC rating of C, categorized within council tax band A.

Investment Analysis

(M11 area)

Above Market Value

This property is priced +10.4% above area average per sq ft

+10.4%
This Property
£248/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£253
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£139,527
10% above area average per sq ft
Potential ROI
-15.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (M11)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +4.9%
5 year growth: +11.7%
Investment Disclaimer: Analysis based on M11 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

Greenside Street, Openshawe, Manchester, M11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£529
Based on a loan of £105,000 over 30 years at 4.45% 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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