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Parkhill Avenue, Manchester M8 - Image 1
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Parkhill Avenue, Manchester M8

North West

£150,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This spacious 3-bedroom terraced house presents a wealth of renovation possibilities, offering significant potential for transformation. The property features a tanked basement that could be repurposed into additional living space or even a separate flat, subject to planning permission. Inside, the main bedroom includes an en-suite shower room, complemented by a full bathroom upstairs and a handy toilet on the ground floor. The layout consists of two reception rooms leading into a functional kitchen, ideal for reconfiguring according to modern standards. The basement is accessible both from the living room and via an exterior entrance, enhancing its potential as an independent studio flat. This house is competitively priced considering its current state, making it an excellent investment for first-time buyers eager to tap into its renovation potential.

Investment Analysis

(M8 area)
Area Average
£240/sq ft
Avg Rent (weekly)
£260
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (M8)

Area prices are falling by -6.1% over the last 12 months
3 year growth: +2.0%
5 year growth: +16.8%
Investment Disclaimer: Analysis based on M8 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

Parkhill Avenue, Manchester M8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£541
Based on a loan of £112,500 over 30 years at 4.06% 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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