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Peebles Drive, Manchester, M40

North West

£250,000

Listed on 04/09/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
1109 sqft

Description

This spacious three-bedroom semi-detached house presents a fantastic opportunity for first-time buyers, growing families, or investors looking to enhance their portfolio. Offered with no onward chain, the property features a bright and airy open-plan living and dining area that flows seamlessly into a generous kitchen/diner, making it perfect for entertaining or family meals. The home boasts three well-proportioned bedrooms, a modern shower room with a separate W.C., and a convenient downstairs cloakroom, ensuring practicality for busy households. While the property requires modernisation, it serves as a blank canvas for your creative vision, with potential for extension (subject to planning permission). The outstanding location offers excellent transport links and a variety of local amenities, including supermarkets, reputable schools, and leisure facilities, all within easy reach. The south-facing rear garden is bathed in sunlight throughout the day, providing an inviting space for alfresco dining or relaxing in your private oasis. A driveway provides off-road parking and leads to a spacious garage, ideal for secure storage or conversion into a home gym or workshop. With ample potential for future landscaping projects, this property is a rare find in a sought-after area. Early viewing is highly recommended to avoid disappointment!

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

51out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This three-bedroom semi-detached house presents a solid opportunity for buyers looking to enter a desirable market at a competitive price. The asking price of £250,000 translates to £225 per square foot, which is notably below the local average of £244 per square foot, allowing for some immediate value acquisition. The spacious layout, including a bright open-plan living and dining area, is complemented by a functional kitchen and a modern bathroom suite, both of which provide a foundation for future updates. The generous south-facing garden adds to the appeal, offering a perfect outdoor space for families or entertaining.

However, while the property is priced attractively, the all-in costs, estimated at around £330,000 considering the renovation range of £40,000 to £120,000, might stretch the economics versus local benchmarks. The current local value for similar properties sits at approximately £270,818, indicating a potential margin pressure. This should be taken into consideration when planning your renovations and investment strategy. Nonetheless, the home's good location and potential for extension make it a worthwhile project for those ready to modernize and add their personal touch.

Key opportunities

  • Spacious open-plan living and dining area with good natural light.
  • Potential for extension, subject to planning permissions.
  • Generous south-facing garden, ideal for outdoor living.

Key risks

  • All-in costs may be stretched versus local value benchmarks.

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Map

Location

Peebles Drive, Manchester, M40
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

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