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Thetford Drive, Manchester, M8 - Image 1
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Thetford Drive, Manchester, M8

North West

£150,000Guide Price

Listed on 02/10/2026

The listing

Property details

Bedrooms
2
Type
Bungalow

Description

This two-bedroom bungalow on Thetford Drive presents a notable investment opportunity in a desirable area. The property is positioned on a good-sized plot and features a rear garden along with a detached garage, making it ideal for those looking to enhance its value through refurbishment. While the property requires extensive renovation throughout, it offers significant potential for improvement. The sale is conducted via auction, allowing for a streamlined purchase process within a 56-day reservation period. Prospective buyers are encouraged to conduct thorough inspections and due diligence prior to bidding, as no surveys have been completed by the seller or agent. This property is well-suited for investors and developers eager to take on a project with considerable upside.

WHOTS analysis

Our WHOTS verdict

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

38out of 100
Grade ELow opportunity

Confidence: LOW

This two-bedroom detached bungalow on Thetford Drive presents an interesting project for those willing to undertake a significant refurbishment. The property shows extensive signs of neglect, with the living area, kitchen, and bedrooms all exhibiting poor condition. However, it offers a good-sized rear garden and a detached garage, both of which add potential value. With the right vision, this space can be transformed to enhance its appeal and functionality.

The property's guide price of £150,000 is notable, especially given that the floor area is missing, preventing a direct value comparison to local averages. However, prospective buyers should be aware that extensive works are needed throughout, making this a heavy project. This is not just a cosmetic refresh but a full-gut programme that will require careful planning and a suitable budget.

Key opportunities

  • Transform the extensive garden into a landscaped outdoor space, improving curb appeal.
  • Renovate the interiors to create a modern living environment that maximizes the bungalow's potential.
  • Utilize the detached garage for additional storage or as a workshop.

Key risks

  • Stripped interiors and a lack of usable floor area make this a full-gut programme, not a refresh.

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Map

Location

Thetford Drive, Manchester, M8
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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
£567
Based on a loan of £112,500 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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