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Parsonage Road, Worsley, Manchester, Greater Manchester, M28

North West

£325,000

Listed on 19/06/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1547 sqft

Description

This charming two-bedroom true bungalow presents a unique opportunity for renovation and investment, sitting on an impressive corner plot with extensive gardens and a double garage. The property features an inviting entrance porch, a spacious living room complete with a bay window, and an extended cottage-style kitchen that flows into a sizable conservatory overlooking the well-maintained gardens. With two generously sized double bedrooms and a contemporary shower room, this home offers comfortable living space that can be further enhanced. The external grounds are particularly noteworthy, featuring mature gardens on three sides, alongside a double garage equipped with power and lighting—ideal for conversion or additional use (subject to planning permissions). Located on the desirable Parsonage Road, residents will benefit from proximity to Walkden Town Centre's shopping facilities and excellent transport links to the city centre. Overall, this property is ripe for modernisation and expansion, making it an appealing prospect for those looking to invest in a versatile project.

Investment Analysis

(M28 area)

Below Market Value

This property is priced -29.8% below area average per sq ft

-29.8%
Potential saving
This Property
£210/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£273
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£509,574
10% above area average per sq ft
Potential ROI
+37.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (M28)

Area prices are stable by -0.1% over the last 12 months
3 year growth: +1.3%
5 year growth: +15.2%
Investment Disclaimer: Analysis based on M28 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

Parsonage Road, Worsley, Manchester, Greater Manchester, M28
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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
£1,228
Based on a loan of £243,750 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.

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