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Fairywell Court, Riverstone Drive, Manchester - Image 1
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Fairywell Court, Riverstone Drive, Manchester

North West

£150,000

Listed on 11/07/2026

Property details

Bedrooms
2
Type
Flat
Area
557 sqft

Description

This apartment, presented with no onward chain, offers a significant opportunity for those looking to infuse their personal style into a living space. While the interior requires modernisation, it features well-sized rooms that are ripe for reimagining into a comfortable home tailored to your preferences. The layout includes a spacious lounge suited for both leisure and dining, alongside two generously proportioned bedrooms that provide versatile options for use. With double glazing and electric heating already in place, the essentials are covered. Outside, residents can appreciate the communal gardens, offering a serene outdoor retreat. Conveniently situated near local amenities and excellent transport links, this property promises significant potential for enhancement in a desirable area.

Investment analysis

(M23 area)

Below Market Value

This property is priced -10.9% below area average per sq ft

-10.9%
Potential saving
This Property
£269/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£284
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£185,189
10% above area average per sq ft
Potential ROI
+5.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (M23)

Area prices are falling by -4.1% over the last 12 months
3 year growth: +8.8%
5 year growth: +35.8%
Investment Disclaimer: Analysis based on M23 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

Fairywell Court, Riverstone Drive, Manchester
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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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