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Ellesmere Terrace, Ladybarn, Manchester, M14 - Image 1
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Ellesmere Terrace, Ladybarn, Manchester, M14 - Image 3

Ellesmere Terrace, Ladybarn, Manchester, M14

North West

£180,000Guide Price

Listed on 02/10/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
780 sqft

Description

Located on the desirable Ellesmere Terrace in Ladybarn, this two double bedroom mid-terraced house presents an excellent opportunity for buyers interested in personalising their living space. While the property requires updating and modernisation throughout, it offers spacious accommodation with great potential. The ground floor features a welcoming entrance hall leading to a generous living room, a separate dining room, and a fitted kitchen. Upstairs, you will find two ample double bedrooms along with a four-piece bathroom suite, providing well-balanced living spaces suitable for various buyers. Ellesmere Terrace is ideally situated in the sought-after south Manchester suburb of Ladybarn, close to Fallowfield, Withington, and Didsbury. The area boasts a variety of local shops, cafés, bars, and restaurants, with Wilmslow Road offering excellent public transport links into Manchester city centre and beyond. This location is particularly convenient for access to Manchester's universities, hospitals, and the city centre. Additionally, Mauldeth Road railway station is within easy reach, providing regular services to Manchester Piccadilly. The nearby Fallowfield Loop offers a popular route for walking and cycling, enhancing the area's appeal. With two double bedrooms and generous living accommodation, this property offers considerable scope for improvement and represents an excellent opportunity for those looking to modernise and stamp their own style on a home in this desirable location. Early viewing is highly recommended. Offered at auction, this property allows buyers to complete within a 56-day reservation period.

WHOTS analysis

Our WHOTS verdict

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

55out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This two-bedroom mid-terraced property on Ellesmere Terrace presents a compelling opportunity for buyers looking to create a home tailored to their personal taste. The asking price of £180,000 is notably cheap compared to the local average of £276/sqf, making it an attractive acquisition for those willing to invest in renovations. While the home shows signs of wear and requires updating throughout, including the living room, bedrooms, and garden, it offers well-proportioned accommodation and excellent potential for improvement.

The overall condition indicates that a medium-scale refurbishment is needed, with estimated costs ranging from £40,000 to £80,000. However, all-in costs, when combined with the purchase price, seem tight against local benchmarks. This presents a challenge for the economics of the investment, as the potential all-in cost of around £240,000 is slightly above the implied current local average value. Still, the favorable location in south Manchester, along with the space and layout of the property, provides a solid foundation for a project buyer eager to modernize and increase the property's value.

Key opportunities

  • Two generous double bedrooms provide ample space for family living or rental potential.
  • The layout allows for creative redesign, particularly in the living areas and garden.
  • The property is situated in a desirable area with good transport links and local amenities.

Key risks

  • Medium-scale renovation required, which may impact budget and timeline.
  • General signs of wear and potential damp in several rooms could necessitate further investigation.
  • The tight economics against local benchmarks may limit profit potential if refurbishment costs exceed estimates.

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Map

Location

Ellesmere Terrace, Ladybarn, Manchester, M14
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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
£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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