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Major Street, Bury, Greater Manchester, BL0

North West

£190,000

Listed on 23/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
861 sqft

Description

This two-bedroom mid-terrace home located in the sought-after town of Ramsbottom presents a promising project for both first-time buyers and buy-to-let investors seeking to enhance their portfolio. With modernisation needed, this property offers a blank canvas for personalisation, allowing prospective owners to increase its value through thoughtful renovations. The interior features a welcoming lounge that leads into a spacious kitchen/diner, creating an ideal space for entertaining or family meals. The two generously-sized bedrooms and the family bathroom provide ample accommodation, while the rear aspect overlooks school playing fields, ensuring privacy and an open view. Outside, the low-maintenance yard offers flexibility for outdoor use, whether for relaxation or storage needs. Given Ramsbottom's vibrant community with independent shops, dining options, and excellent transport connections to Bury, Bolton, and Manchester, this property is well-positioned within a desirable area known for its scenic countryside walks and reputable schools. This residence not only has potential as a comfortable home but also serves as an attractive investment opportunity in a thriving rental market.

Investment Analysis

(BL0 area)

Below Market Value

This property is priced -21.3% below area average per sq ft

-21.3%
Potential saving
This Property
£221/sq ft
Area Average
£280/sq ft
Avg Rent (weekly)
£222
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£265,567
10% above area average per sq ft
Potential ROI
+26.5%
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
10%
Properties sold annually

Local Market Trend (BL0)

Area prices are stable by -1.3% over the last 12 months
3 year growth: +7.1%
5 year growth: +11.2%
Investment Disclaimer: Analysis based on BL0 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

Major Street, Bury, Greater Manchester, BL0
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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
£718
Based on a loan of £142,500 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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