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Hanson Street, Greenacres, Greater Manchester, OL4

North West

£150,000

Listed on 30/06/2026

Property details

Bedrooms
2
Type
End Of Terrace
Area
903 sqft

Description

This end-terraced residence offers substantial potential for those interested in renovations or investments. While currently presented in a ready-to-move-in state, the home features layout possibilities that could be enhanced with an extension to the rear, pending the necessary planning approvals. The ground floor consists of a welcoming hallway leading to a lounge and a modern kitchen/diner, complemented by a separate utility area and an outbuilding that adds functional space. On the first floor, two sizable bedrooms and a stylish family bathroom await. The property is equipped with UPVC double glazing and gas central heating, reflecting energy efficiency. The low-maintenance garden is perfect for anyone looking to create additional outdoor space or further develop their investment. Located conveniently near local amenities and transport links into Manchester, this home stands as an attractive opportunity for first-time buyers or savvy investors looking to capitalize on its expansion potential.

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Investment analysis

(OL4 area)

Below Market Value

This property is priced -30.5% below area average per sq ft

-30.5%
Potential saving
This Property
£166/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£237,299
10% above area average per sq ft
Potential ROI
+35.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (OL4)

Area prices are rising by +7.3% over the last 12 months
3 year growth: +22.2%
5 year growth: +25.6%
Investment Disclaimer: Analysis based on OL4 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

Hanson Street, Greenacres, Greater Manchester, OL4
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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
£567
Based on a loan of £112,500 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

Next Steps

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