We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom semi-detached house · M35 9JX
For saleListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
McDermott & Co are delighted to bring to the market 3 Alexander Avenue in the heart of Failsworth, a super stunning family home which has been substantially extended & fully renovated to a high standard.
The open plan living arrangements are in high demand for buyers.
The carefully thought layout comprises entrance hall to stairs, downstairs wc, snug lounge, utility room, open plan kitchen/living/dining complete with feature large bi folding doors providing direct access to the rear garden.
To the first floor off the spacious landing is access to all four bedrooms and spacious family bathroom with feature free standing roll top bath & separate walk in shower.
The master bedroom is complete with walk in wardrobe and en-suite shower room.
Externally the driveway provides off road for two vehicles with direct access to the garage through the front electric door. To the rear is a well presented maintenance free garden.
Viewing is essential to fully appreciate this fantastic opportunity to purchase a stunning family home in a sought after and convenient location.
Entrance Hallway - 1.91m x 4.01m (6'3 x 13'2) - Tiled flooring, neutral decor, stairs off, doors leading to lounge, downstairs wc and dining kitchen.
Lounge - 3.53m x 4.55m (11'7 x 14'11) - Front facing into bay window, laminate flooring, gas feature fire, elec blinds.
Downstairs Wc - 0.76m x 1.83m (2'6 x 6'0) - Two piece suite in white comprising vanity sink and toilet, tiled flooring, spotlight, neutral decor.
Dining Kitchen/Living - 6.65m x 4.75m (21'10 x 15'7) - Rear facing, modern range of fitted wall and base units in Grey matte finish with complimentary marble effect worktops and large island with inset sink & drainer with mixer taps over, drawers and small breakfast bar area.
Two built in electric ovens and gas hob with extractor hood over, integrated fridge freezer, microwave, coffee machine, wine cooler and dishwasher, tiled flooring, spotlights, tv point, skylight, large bi fold patio doors, neutral decor.
Utility Room - 1.47m x 3.61m (4'10 x 11'10) - Rear facing, range of fitted wall and base units in grey finish with complimentary grey worktops.
Inset sink and drainer with mixer taps over, space for free standing dryer, plumbing for washer, tiled splashback, titled flooring, spotlights, neutral decor.
Stairs And Landing - Stairs leading to all first floor rooms, carpeted, neutral decor, inset low level lighting up the stairs. Landing, carpeted, neutral decor, loft access.
Bedroom One - 3.00m x 3.89m (9'10 x 12'9) - Front facing into bay window, window seat with storage, carpeted, radiator, neural decor, walk in wardrobe and en-suite off Walk In Wardrobe - Carpeted, spotlights, rails, shelves and drawers, neutral decor, loft access.
En-Suite - 2.87m x 1.02m (9'5 x 3'4) - Rear facing, three piece suite in white comprising vanity sink and toilet, shower enclosure, partly tiled walls, laminate flooring, spotights, neutral decor.
Bedroom Two - 3.25m x 3.20m (10'8 x 10'6) - Front facing into bay window, carpeted, radiator, neutral decor.
Bedroom Three - 3.23m x 2.67m (10'7 x 8'9) - Rear facing, carpeted, radiator, neutral decor.
Bedroom Four - 2.29m x 1.93m (7'6 x 6'4) - Front facing, vinyl flooring, radiator, neutral decor, built in bed with storage.
Bathroom - 2.49m x 2.92m (8'2 x 9'7) - Rear facing, four piece bathroom suite in white comprising sink and toilet, walk in corner shower enclosure with rainfall shower head, free standing roll top bath, radiator, partly tiled walls, tiled flooring, spotlights, neutral decor.
External - To the front there is a driveway for two cars, garage with electric door. To the rear and private rear garden with paved and artificial grassed area for low maintenance.
Tenure - We have been advised from the vendors that the property is Leasehold for 999 years starting from 1st of June 1934 with Ground Rent of £4.00 per annum.
Stamp Duty - Residential property rates You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price when you buy residential property, for example a house or flat.
The amount you pay depends on: • when you bought the property • how much you paid for it • whether you’re eligible for relief or an exemption Rates for a single property You pay SDLT at these rates if, after buying the property, it is the only residential property you own.
You will usually pay 5% on top of these rates if you own another residential property.
Rates from 1 April 2025 Property or lease premium or transfer value SDLT rate Up to £125,000 Zero The next £125,000 (the portion from £125,001 to £250,000) 2% The next £675,000 (the portion from £250,001 to £925,000) 5% The next £575,000 (the portion from £925,001 to £1.5 million) 10% The remaining amount (the portion above £1.5 million) 12% Example In April 2025 you buy a house for £295,000.
The SDLT you owe will be calculated as follows: • 0% on the first £125,000 = £0 • 2% on the second £125,000 = £2,500 • 5% on the final £45,000 = £2,250 • total SDLT = £4,750
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 3, Alexander Avenue, Failsworth
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