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Basil Street, Heaton Norris

North West

£190,000

Listed on 16/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
797 sqft

Description

Situated in the highly sought-after area of Heaton Norris, this spacious two-bedroom mid-terrace property offers a promising investment opportunity for buyers. The residence requires some modernization, allowing prospective homeowners or investors to tailor it to their unique vision and preferences. Upon entry, you will find a traditional layout featuring well-sized living areas that provide a solid foundation for comfortable family living. The first floor hosts two generous double bedrooms, complete with ample space for furniture. A family bathroom serves these rooms effectively. One noteworthy aspect is the cellar chamber, which not only offers extra storage but also presents potential for alternative usage with the appropriate permissions. Outdoors, the property boasts an enclosed rear garden ideal for entertaining or enjoying outdoor activities, alongside a small front yard contributing to the property's overall appeal. Conveniently located near local amenities, quality schools, and transport links into Stockport and Manchester City Centre, this home marries practicality with significant future potential. With no onward chain, this listing represents a valuable chance for buyers looking to enhance their investment while creating a dream home. Early viewing is recommended to fully grasp the size and possibilities offered by this property.

Investment analysis

(SK4 area)

Below Market Value

This property is priced -32.1% below area average per sq ft

-32.1%
Potential saving
This Property
£238/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£258
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£307,853
10% above area average per sq ft
Potential ROI
+46.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (SK4)

Area prices are stable by +2.0% over the last 12 months
3 year growth: +4.3%
5 year growth: +10.2%
Investment Disclaimer: Analysis based on SK4 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

Basil Street, Heaton Norris
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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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