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2 School Lane, Carrington, Manchester, Lancashire, M31 4AQ - Image 1
2 School Lane, Carrington, Manchester, Lancashire, M31 4AQ - Image 2
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2 School Lane, Carrington, Manchester, Lancashire, M31 4AQ - Image 10
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2 School Lane, Carrington, Manchester, Lancashire, M31 4AQ

North West

£385,000Guide Price

Listed on 08/07/2026

Property details

Bedrooms
5
Type
Detached
Area
2531 sqft

Description

This five-bedroom detached house presents a significant opportunity for development, subject to necessary consents. Spanning approximately 2,233 sq ft over three levels, the property includes three reception rooms, an open-plan kitchen area on the ground floor, and ample space upstairs with three bedrooms and a bathroom on the first floor, plus two additional bedrooms on the second floor. Outside, there are front, side, and rear gardens along with outbuildings and off-street parking. With its vacant status and proximity to local amenities and Carrington Moss, this property offers excellent investment potential for both residential use or further development. The combination of size and location makes it a compelling option for buyers looking to add value through renovation.

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Investment analysis

(M31 area)

Below Market Value

This property is priced -40.6% below area average per sq ft

-40.6%
Potential saving
This Property
£152/sq ft
Area Average
£256/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£712,730
10% above area average per sq ft
Potential ROI
+47.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (M31)

Area prices are falling by -10.9% over the last 12 months
3 year growth: +3.3%
5 year growth: +37.8%
Investment Disclaimer: Analysis based on M31 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

2 School Lane, Carrington, Manchester, Lancashire, M31 4AQ
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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
£1,454
Based on a loan of £288,750 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.

Stamp duty calculator

Next Steps

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