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Bankhouse Road, Bury, Greater Manchester, BL8

North West

£200,000Guide Price

Listed on 30/05/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1028 sqft

Description

This semi-detached home presents an excellent opportunity for those looking to invest or renovate in a desirable residential area. The property offers significant potential for modernization, allowing buyers to transform the space into their ideal living environment. Conveniently located near essential amenities, reputable schools, and reliable transport links, it also benefits from proximity to scenic areas like Burrs Country Park. The spacious layout includes a welcoming entrance hall leading to a generous lounge and a separate dining room, providing ample space for family gatherings. The kitchen is complemented by a utility area, enhancing the practicality of the ground floor. Upstairs, you will find three well-sized bedrooms along with a family bathroom and a separate WC—ideally suited for family living. Outdoors, both front and rear gardens offer valuable garden space, while the driveway and garage ensure convenient off-road parking options. With no onward chain and plenty of scope to increase value through renovation, this property is an inviting prospect for various buyers looking to make their mark in the housing market. Offered at auction, this home warrants a viewing to appreciate its full potential.

Investment analysis

(BL8 area)

Below Market Value

This property is priced -29.2% below area average per sq ft

-29.2%
Potential saving
This Property
£195/sq ft
Area Average
£275/sq ft
Avg Rent (weekly)
£227
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£310,518
10% above area average per sq ft
Potential ROI
+29.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (BL8)

Area prices are stable by -1.0% over the last 12 months
3 year growth: +3.1%
5 year growth: +14.1%
Investment Disclaimer: Analysis based on BL8 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

Bankhouse Road, Bury, Greater Manchester, BL8
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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
£756
Based on a loan of £150,000 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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