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Bury Old Road, Manchester

North West

£750,000Guide Price

Listed on 10/11/2026

The listing

Property details

Bedrooms
N/A
Type
Block Of Apartments
Area
1787 sqft

Features

  • Garden
  • Tenanted
  • Terrace

Description

Offered at auction on 9 December 2026, subject to sale beforehand under auction conditions, this freehold mixed-use property comprises six flats and two commercial units on Bury Old Road, close to Heaton Park Metro Station, local shops and Heaton Park. The flats comprise four two-bedroom units and two one-bedroom units. Several are described as substantial, and the listing notes that Flat 3 is presented to a high standard. Some flats would benefit from modernisation, while 241A is vacant and requires complete modernisation. Most flats are said to have an external terrace or garden area, and the flats are mainly served by individual gas central heating systems and uPVC double glazing. The commercial accommodation includes a vacant industrial unit of approximately 166 square metres, accessed from Bury Old Road through a roller shutter, and a further office and warehouse space of approximately 115 square metres, accessed from the rear. The latter is subject to a commercial FRI lease due to expire on 31 January 2029. The stated passing rent is £53,400 per annum while one flat and the larger commercial unit are vacant; the agents indicate that the rent could increase if these spaces are let. The listing advises that the commercial space at 239B has not been inspected. The property is being sold with a range of tenancy arrangements, including assured periodic tenancies for the occupied flats. The listing also discloses an unsatisfactory January 2026 electrical installation report for 239A Bury Old Road, identifying remedial work or further investigation. Buyers should review the report and legal pack, verify tenancy and rental details, and arrange independent inspections of the flats, commercial areas and services. Auction terms include a buyer's premium of 2% of the sale price plus VAT, with completion stated for 15 January 2027 or earlier by agreement.

WHOTS analysis

Our WHOTS verdict

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

27out of 100
Grade ELow opportunity

Confidence: LOW

This is a substantial mixed-use project with six flats, two commercial spaces and a mix of roadside frontage and rear access. There is a clear value-add angle in modernising the vacant flat and worn commercial interior, while some flats are already let and one is described as beautifully presented. The flats are not shown in the submitted photos, so their condition cannot be judged visually.

At £750,000, the asking price is £420 per sq ft against a local average of £310, making it dear on the available price-per-area comparison. The overall opportunity is therefore weak despite the scale and scope of the site. The listing is by auction; bidding can take the hammer above the guide, so the eventual price may not stay this cheap.

Key opportunities

  • The vacant flat described as requiring complete modernisation offers a defined canvas to update and improve.
  • The worn commercial interior and substantial industrial and warehouse spaces offer scope to rework the presentation and use of the commercial areas.
  • The combination of six flats, commercial frontage, rear access and some outdoor areas gives the site a distinctive mixed-use character.

Key risks

  • The vacant flat and worn commercial space make this a heavy, multi-part programme rather than a cosmetic refresh; allow for substantial coordination and time across residential and commercial works.
  • The commercial interior has extensive floor staining; investigate its cause and extent before setting the work scope.

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Map

Location

Bury Old Road, Manchester
Loading map...

Transport

Nearest stations

  • Heaton Park (Manchester Metrolink)

    0.1 miles

    Tram · Heaton Park

  • Prestwich (Manchester Metrolink)

    0.7 miles

    Tram · Prestwich

  • Bowker Vale (Manchester Metrolink)

    0.8 miles

    Tram · Bowker Vale

  • Besses o'th'Barn (Manchester Metrolink)

    1.1 miles

    Tram · Besses O Th Barn

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£3,064
Based on a loan of £562,500 over 30 years at 5.13% 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

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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