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Pinfold Court, Whitefield M45

North West

£215,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Flat
Area
1012 sqft

Description

This leasehold three-bedroom flat, situated on the second floor of the established Pinfold Court development in Whitefield, presents a noteworthy opportunity for renovation enthusiasts. The property’s location at the intersection of Pinfold Lane and Higher Lane ensures convenient access to local amenities including shops, schools, places of worship, and reliable public transport options, with Whitefield Metrolink station just a short walk away. This accessibility is complemented by proximity to Prestwich Village and Bury Town Centre as well as easy routes to the M60 motorway. Upon entering through a communal entrance, you’re welcomed by a hallway that features useful storage solutions and a dedicated utility space fitted for laundry appliances. A guest WC enhances the practical layout of the apartment. The living space is highlighted by an expansive lounge that opens onto a balcony overlooking well-maintained communal gardens. The kitchen offers significant potential for modernisation; while currently sporting dated fixtures, it has ample room for contemporary upgrades and appliance integration. Three spacious bedrooms are included in the layout, with the principal bedroom providing generous accommodation. Each additional bedroom is capable of housing double beds or could serve alternative purposes based on personal preference. The main bathroom stands as another area ripe for enhancement, promising the future possibility of creating a stylish and functional retreat. Externally, residents can enjoy maintained lawned gardens along with designated parking facilities for both residents and visitors. Additionally, this flat comes with its own private garage. In summary, this property boasts substantial space and renovation potential throughout, making it an appealing choice for buyers looking to invest in a project within this sought-after location in Whitefield. Early viewings are advisable to appreciate its possibilities fully.

Investment Analysis

(M45 area)

Below Market Value

This property is priced -26.1% below area average per sq ft

-26.1%
Potential saving
This Property
£212/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£273
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£320,156
10% above area average per sq ft
Potential ROI
+25.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (M45)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +11.3%
5 year growth: +30.1%
Investment Disclaimer: Analysis based on M45 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Pinfold Court, Whitefield M45
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£761
Based on a loan of £161,250 over 30 years at 3.91% 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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