Manor Road, Levenshulme

This three-bedroom semi-detached house in Levenshulme presents an exciting opportunity for investors and developers looking to add value through renovation. Priced at £115,000, this property is significantly below the local average of £303/sqf, making it an attractive acquisition for those willing to undertake a medium-scale refurbishment. The overall condition shows significant wear and tear throughout, particularly in the living areas and bedrooms, while the exterior and garden are in need of attention. However, the kitchen and bathroom remain functional, providing a solid foundation for updates.

The potential for value addition is considerable, with local rental demand strong and nearby properties having sold for much higher prices. This property offers a chance to modernize and improve, leveraging its low purchase price against the area's market potential. With a renovation budget estimated between £50,000 and £100,000, there’s ample opportunity to create a desirable home or rental unit. Overall, while the property requires extensive work, the price point and location provide a solid basis for a worthwhile investment.