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Old Road, Failsworth, Manchester, Greater Manchester, M35 - Image 1
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Old Road, Failsworth, Manchester, Greater Manchester, M35

North West

£160,000

Listed on 22/09/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
873 sqft

Description

This two-bedroom terraced house offers a unique opportunity for those looking to invest in a property with significant potential for modernization. Located on Old Road in Failsworth, the home is conveniently situated near local amenities, including shops and a Metrolink station, making it ideal for commuters. The property features a spacious layout that includes an entrance hall, two generous reception rooms, and a kitchen at the rear. Upstairs, you'll find two double bedrooms along with a large bathroom. The enclosed patio garden at the rear adds to the appeal, providing a private outdoor space. With no vendor chain, this property is ready for new owners to bring their vision to life.

WHOTS analysis

Our WHOTS verdict

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

67out of 100
Grade CPotential opportunity

Confidence: MEDIUM

This two-bedroom terraced house presents a compelling opportunity for buyers looking to invest in a property with significant potential. Priced at £160,000, the asking figure translates to just £183 per square foot, which is notably below the local average of £260 per square foot. This offers a rare chance to acquire a home in a good location at a cheap price, making it an attractive proposition for those willing to undertake some modernization.

While the property does require a medium refurbishment, including updates to the dated kitchen and general decor throughout, the overall layout is deceptively spacious and the exterior is in good condition. The enclosed garden at the rear adds to its appeal, providing a private outdoor space. With a renovation budget estimated between £40,000 to £80,000, there is ample scope to improve the property and potentially increase its value, especially given the moderate local market conditions. Overall, this listing stands out as a solid choice for buyers ready to roll up their sleeves and unlock its full potential.

Key opportunities

  • Spacious layout that can be modernized to create a desirable living space.
  • Potential to upgrade the dated kitchen, significantly enhancing the property's appeal.
  • Good location near amenities and transport links, adding to the property's value post-renovation.

Key risks

  • Potential damp issues should be assessed during renovation.

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Map

Location

Old Road, Failsworth, Manchester, Greater Manchester, M35
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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
£604
Based on a loan of £120,000 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

Stamp duty calculator

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

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