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Glebelands Road, Prestwich -A Great Development Opportunity M25

North West

£850,000
Listed on 20/12/2025

Property Details

Bedrooms
10
Type
Semi-detached house

Description

This property presents a unique investment opportunity in Prestwich, situated on one of the largest plots along the sought-after Glebelands Road. Currently operating as a 10-bedroom house in multiple occupation (HMO), it features 4 self-contained studio units alongside 6 individual bedsits, all of which are tenanted with stable long-term residents. The standout feature is the expansive south-facing garden, which provides ample outdoor space ripe for landscaping and the creation of leisure areas. Additionally, there is plenty of space for vehicle parking and potential for adding a garage subject to obtaining planning permission. For those interested in renovation, this property offers significant potential to restore and convert it into an exquisite period residence. Plans and visual renderings included with the listing illustrate how the existing layout can be optimized without extending the building; instead, capitalizing on internal configurations through strategic renovations and refurbishments.

Investment Analysis

(M25 area)
Area Average
£309/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
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
17%
Properties sold annually

Local Market Trend (M25)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 6.5%
5 year growth: 29.9%
Investment Disclaimer: Analysis based on M25 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

Glebelands Road, Prestwich -A Great Development Opportunity M25
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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
£3,114
Based on a loan of £637,500 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