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Mary Street, Heywood, Greater Manchester, OL10

North West

£120,000

Listed on 26/06/2026

Property details

Bedrooms
2
Type
Terraced
Area
809 sqft

Description

This mid-terrace two-bedroom property presents a significant opportunity for those looking to invest or create their ideal home through modernisation. While it requires updates, the potential for value enhancement is substantial, particularly appealing to both first-time buyers and investors alike. The layout features a kitchen/diner fitted with various units, a lounge adorned with a gas fire and traditional aesthetics, alongside a practical utility space. Upstairs, there are two spacious bedrooms and a bathroom equipped with an existing suite and overhead shower. Outside, the rear garden offers a paved patio area and lawn—ideal for outdoor enjoyment. Located within close proximity to Heywood Town Centre, residents will appreciate easy access to local shops and amenities. It is important to note that the property has previously undergone subsidence repairs and has been underpinned; prospective buyers should conduct thorough due diligence, especially regarding the utility area where some signs of movement remain evident.

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Investment analysis

(OL10 area)

Below Market Value

This property is priced -36.1% below area average per sq ft

-36.1%
Potential saving
This Property
£148/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£206,501
10% above area average per sq ft
Potential ROI
+29.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (OL10)

Area prices are stable by -1.5% over the last 12 months
3 year growth: +9.4%
5 year growth: +39.6%
Investment Disclaimer: Analysis based on OL10 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

Mary Street, Heywood, Greater Manchester, OL10
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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
£453
Based on a loan of £90,000 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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