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Parksway, Manchester M9

North West

£200,000

Listed on 16/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
709 sqft

Description

This three-bedroom semi-detached house in Blackley, Manchester, offers a promising opportunity for those interested in property investment or renovation. The residence features a spacious reception/dining area, three good-sized bedrooms, and a family bathroom. While the home currently requires some updating, it serves as a blank slate for buyers looking to infuse their own style and modernize the space. Without the complication of an onward chain, this property is particularly appealing to first-time buyers eager to create their ideal family home. The location is another highlight, with easy access to Manchester City Centre and local amenities including shops, schools, and leisure facilities nearby. Commuters will appreciate the excellent transport links that facilitate travel across the city. Additionally, the property benefits from off-road parking and a sizable rear garden—features that are highly desirable in this residential neighbourhood. This is an ideal setting for anyone looking to capitalize on renovation potential within a vibrant community.

Investment Analysis

(M9 area)

Above Market Value

This property is priced +26.0% above area average per sq ft

+26.0%
This Property
£282/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£256
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£174,659
10% above area average per sq ft
Potential ROI
-24.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (M9)

Area prices are rising by +11.9% over the last 12 months
3 year growth: +18.9%
5 year growth: +52.7%
Investment Disclaimer: Analysis based on M9 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

Parksway, Manchester M9
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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
£756
Based on a loan of £150,000 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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