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Peel Street, Heywood

North West

£180,000

Listed on 09/09/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
517 sqft

Description

This spacious three-bedroom semi-detached house presents an exciting opportunity for buyers looking to create their ideal family home. With a double driveway and generous side and rear gardens, the property offers ample outdoor space for various uses. Inside, the layout is both functional and inviting, featuring a large main reception room perfect for relaxation and entertainment. The modern shaker-style kitchen/diner, equipped with white granite worktops, serves as the heart of the home, while an existing extension provides potential for further enhancement. The first floor accommodates three well-proportioned bedrooms alongside an upgraded family bathroom. Benefiting from mains gas central heating via a recently installed boiler, this property is well-positioned for local amenities and transport links. With only cosmetic improvements needed, this home is a fantastic canvas for personal touches and could easily transform into a stunning residence.

WHOTS analysis

Our WHOTS verdict

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

21out of 100
Grade ELow opportunity

Confidence: MEDIUM

This spacious three-bedroom semi-detached house presents an exciting opportunity for buyers looking to invest in a family home with plenty of potential. The property features a modern kitchen with granite worktops and an upgraded family bathroom, along with well-proportioned bedrooms and a generous living area. Its ample outdoor space, including a double driveway and side and rear gardens, provides an excellent canvas for landscaping and outdoor enhancements.

However, the asking price of £180,000 is significantly above the local average at £348/sqf, which raises concerns about the value opportunity. With an all-in cost expected to reach £195,000 when factoring in the renovation range, this stretches the investment against local benchmarks for similar properties. While there is room for cosmetic updates and personal touches, buyers should approach this listing with caution, considering the economics of the purchase versus local market conditions.

Key opportunities

  • Generous outdoor space offers potential for landscaping and enhancements.
  • Modern amenities in place, including a shaker-style kitchen and upgraded family bathroom.
  • Existing extension provides an exciting opportunity to create additional living accommodation.

Key risks

  • Asking price is significantly above local average, stretching investment against market benchmarks.
  • Budget around £195,000 including the asking price and quoted works of about £15,000 — roughly 38% above what comparable floor area achieves locally in current condition, so margin after refurbishment is unproven.

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Map

Location

Peel Street, Heywood
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Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£680
Based on a loan of £135,000 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.

Tax

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

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