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North Avenue, Greenmount, Bury BL8

North West

£299,950
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1037 sqft

Description

This traditional three-bedroom semi-detached house, located in a tranquil and desirable neighborhood of Greenmount, presents an exceptional renovation opportunity. The property is set on a spacious plot featuring a gated driveway, detached garage, and a generous rear garden that is currently overgrown but holds significant potential for landscaping and outdoor living enhancements. Inside, the property comprises an entrance hallway leading to a bright bay-fronted living room and a separate dining room—both of which are well-sized for family gatherings or entertaining guests. The kitchen, equipped with basic units, requires modernisation and connects to a utility area that offers convenient external access. On the first floor, there are three bedrooms including two sizeable doubles and one single bedroom, along with a family bathroom and a separate WC. Each room provides ample space allowing for various layouts depending on your vision. With its close proximity to reputable schools, local amenities, and transportation links that facilitate easy commutes to Ramsbottom village and beyond, this property is ideal for investors or buyers eager to create their dream home through comprehensive renovations.

Investment Analysis

(BL8 area)

Above Market Value

This property is priced +5.4% above area average per sq ft

+5.4%
This Property
£289/sq ft
Area Average
£275/sq ft
Avg Rent (weekly)
£216
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£313,179
10% above area average per sq ft
Potential ROI
-13.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (BL8)

Area prices are falling by -3.1% over the last 12 months
3 year growth: -0.1%
5 year growth: +18.1%
Investment Disclaimer: Analysis based on BL8 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

North Avenue, Greenmount, Bury BL8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £224,962 over 30 years at 3.97% 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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