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St Marys Road, Manchester M40 - Image 1

St Marys Road, Manchester M40

North West

£550,000
Listed on 07/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This parcel of land presents a notable opportunity for those interested in renovation or investment within the vibrant area of Manchester. Strategically located on St Mary’s Road, the site offers strong potential for residential development given its favorable position in a well-connected neighborhood. Previously, planning permission was granted (now lapsed) for a project that included six four-bedroom homes and two two-bedroom apartments. This aspect underscores the viability of constructing a quality residential scheme that meets local housing demand. The area is characterized by its accessibility to essential amenities, such as schools, shops, and transport links, making it ideally suited for family-oriented dwellings or modern apartment living. For developers and investors seeking to capitalize on growth opportunities in Manchester, this land could serve as the foundation for a lucrative venture. The inherent demand in this sought-after location adds further appeal for future development plans. With thoughtful planning and design, there is significant potential to create a distinguished housing project that resonates with both residents and the community.

Investment Analysis

(M40 area)
Area Average
£251/sq ft
Avg Rent (weekly)
£285
Avg Yield
6.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (M40)

Area prices are rising by +8.3% over the last 12 months
3 year growth: 11.4%
5 year growth: 38.2%
Investment Disclaimer: Analysis based on M40 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

St Marys Road, Manchester M40
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE