2-bedroom house · M30 8AZ
For saleReduced £15k (−7%) on 23 OctListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Briscombe are pleased to present this two-bedroom terraced home, offered chain free, which presents an excellent opportunity for first time buyers or those seeking a property to modernise to their own taste.
Ideally situated between Monton and Worsley, the house benefits from convenient access to both Monton Village and the scenic Worsley Loop Line and Bridgewater Canal, making it a desirable location for those who appreciate local amenities and picturesque surroundings.
The property features a welcoming entrance leading to two well-proportioned reception rooms, each with a gas fire, providing comfortable spaces for relaxation and entertaining.
The kitchen is positioned to the rear, offering scope for redesign and improvement.
Upstairs, there are two spacious bedrooms and a separate toilet and shower room, a practical layout for modern living.
The property is fitted with a back boiler and water tank, and although it would benefit from updating, it has been well maintained, giving buyers the potential to add value and personalise the interior.
Additional features include a garage and parking for one vehicle, ensuring off-road parking, as well as a walled frontage with a garden to the front, enhancing the property’s kerb appeal.
Excellent public transport links and nearby train stations offer straightforward routes to Manchester City Centre, making this an ideal location for commuters.
With its generous proportions, potential for modernisation, and sought-after setting close to local amenities and transport, this terraced house represents a fantastic opportunity to create a stylish and comfortable home tailored to your needs.
Location Ideally situated between Monton and Worsley, the house benefits from convenient access to both Monton Village and the scenic Worsley Loop Line and Bridgewater Canal, making it a desirable location for those who appreciate local amenities and picturesque surroundings.
Lounge (3.9m x 3.2m) Dining Room (4.1m x 3.4m) Kitchen (3.7m x 2.4m) Bedroom 1 (3.9m x 4.4m) Bedroom 2 (4.1m x 2.8m) Bathroom (2.8m x 1.6m) Wc (1.4m x 1.6m)
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
Area
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FAQ
About 117 Parrin Lane, Manchester
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