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Laurel Grove, Salford, Lancashire M5 - Image 1
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Laurel Grove, Salford, Lancashire M5

North West

£240,000
Listed on 13/11/2025

Property Details

Bedrooms
2
Type
End Terrace
Area
1430 sqft

Description

This end terrace house, prominently positioned in Salford, presents a valuable opportunity for those looking to capitalize on its renovation potential. Currently configured as a two-bedroom dwelling, there is the possibility to reconfigure and extend into a third bedroom, adding significant value. The layout includes ample living areas and a spacious family bathroom, which can be transformed with your personal touch. Additionally, the property boasts a rear yard that is perfect for outdoor relaxation or storage needs. Notably, the cellar offers further development opportunities—ideal for converting into extra living space or storage. Located in a desirable part of Salford with convenient access to local schools, shops, parks, and commuting routes to Manchester, this home is well-suited for families or professionals alike. With its generous dimensions and the chance to implement your design ideas, this property is a promising foundation for creating a personalized and comfortable residence.

Investment Analysis

(M5 area)

Below Market Value

This property is priced -49.1% below area average per sq ft

-49.1%
Potential saving
This Property
£168/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£286
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£518,854
10% above area average per sq ft
Potential ROI
+95.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (M5)

Area prices are falling by -13.7% over the last 12 months
3 year growth: -2.6%
5 year growth: -15.0%
Investment Disclaimer: Analysis based on M5 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

Laurel Grove, Salford, Lancashire M5
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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
£866
Based on a loan of £180,000 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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