Parkfield Avenue, Manchester, Greater Manchester, M14
North West
£165,000Guide Price
Listed on 14/10/2026
Listed on 14/10/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
600 sqftFeatures
- Garden
Description
Offered at auction, this two-bedroom mid-terrace house provides approximately 600 sq.ft. of accommodation in M14, within reach of local shops, cafés, public transport and Manchester city centre. The ground floor has an entrance hall, a separate living room and a kitchen diner, with a bathroom fitted with a shower over the bath. Upstairs are two double bedrooms.
The property is described as requiring modernisation, giving a purchaser scope to update the existing accommodation. Outside, there is an enclosed rear yard and on-street parking. The house is leasehold with 873 years remaining, has an EPC rating of D and falls within Council Tax Band A.
The sale is by the Modern Method of Auction, with a 56-day reservation period and a non-refundable reservation fee of 4.5% of the purchase price including VAT, subject to a £6,600 minimum. Buyers should review the auction terms and fee, and check funding and legal arrangements before bidding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
48out of 100
Grade ELow opportunity
Confidence: MEDIUM
This two-bedroom terrace on Parkfield Avenue has a useful, clearly visible project: older kitchen and bathroom fittings, dated flooring and decoration, plus a compact enclosed rear yard that could be refreshed. The asking price is broadly in line with local value per square foot, and the location scores well, but the numbers are the main constraint: adding the £25,000–£45,000 refurbishment range to the £165,000 asking price leaves costs stretched against the local benchmark for a home of this size. That comparison is not a forecast of the value after works, so the project’s appeal depends on what improvements can achieve beyond that benchmark.
Key opportunities
- Refresh the dated kitchen, including assessing the apparently incomplete lower cabinet section.
- Modernise the bathroom and update the dated flooring and decoration across the visible living spaces.
- Clear and improve the enclosed rear yard to make better use of the private outdoor space.
Key risks
- At the £165,000 asking price, the £25,000–£45,000 works range puts the purchase-plus-refurb budget above the local benchmark for a 600 sq.ft. home; the figures leave limited headroom before fees and other costs.
- Expect total exposure near £200,000 before you finish, with refurbishment in the region of £35,000, about 17% ahead of typical local benchmarks for this size. Finished value after works is not modelled here.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£623
Based on a loan of £123,750 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.
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