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North West
£330,000
Listed on 26/09/2026
Listed on 26/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This traditional semi-detached home in Fallowfield presents a substantial renovation opportunity, offering a spacious layout with three reception rooms and three bedrooms, complemented by a generous garden. While the asking price of £330,000 is below the local average at £258/sqf, which makes it an appealing entry point, the condition of the property reveals significant wear and neglect across multiple areas, including the living spaces and the exterior. The kitchen is dated, and the garden requires considerable maintenance, all of which will necessitate a full renovation to unlock its potential.
The economics of this project, however, raise concerns. With renovation costs estimated between £100,000 and £200,000, the all-in cost could reach up to £480,000, which is significantly above the implied local average value of £353,664 for similar properties. This creates a challenging margin that could impact profitability upon completion. Nevertheless, the size and layout of the home, along with its location, provide a strong foundation for a transformative project, making it a worthwhile consideration for those willing to invest in extensive renovations.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
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