Worst House on the Street Logo
Mackenders Lane, Eccles ME20 - Image 1
Mackenders Lane, Eccles ME20 - Image 2
Mackenders Lane, Eccles ME20 - Image 3

Mackenders Lane, Eccles ME20

South East

£325,000
Listed on 01/12/2025

Property Details

Bedrooms
1
Type
Detached house
Area
695 sqft

Description

This distinctive timber-framed bungalow, believed to have origins in the late Victorian period, represents a unique opportunity in the quaint Eccles village. Nestled on a generous 0.18-acre plot, this property is ripe for modernization or redevelopment, making it an appealing option for cash buyers or developers looking to undertake a characterful renovation project. The existing layout features a sitting room, dining room, kitchen, one bedroom, and a bathroom. Additionally, there is a garage and driveway for off-road parking, complemented by front and rear gardens that enhance the outdoor space. While the property shows signs of maintenance, its unique construction may pose challenges for securing traditional mortgage financing, which could limit buyer options but also allows creative investors to explore the potential for complete renovation or even demolition and rebuilding. There may also be opportunities for further development within the expansive rear garden area, aligning with trends observed in neighbouring properties. Interested parties are encouraged to view and submit their offers during the upcoming marketing period.

Investment Analysis

(ME20 area)

Above Market Value

This property is priced +22.4% above area average per sq ft

+22.4%
This Property
£468/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£395
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£292,001
10% above area average per sq ft
Potential ROI
-24.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (ME20)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 5.0%
5 year growth: 17.4%
Investment Disclaimer: Analysis based on ME20 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

Mackenders Lane, Eccles ME20
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,191
Based on a loan of £243,750 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE