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See how verdicts work2-bedroom bungalow · M35 0GW
For saleListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with chain free possession nestled on Leicester Road in the charming & sought after area of Failsworth, this semi-detached true bungalow offers a wonderful opportunity for those seeking a home with potential.
Built in 1965, featuring two comfortable bedrooms, making it ideal for small families, couples, or individuals looking for a peaceful retreat.
Upon entering, you will find a welcoming reception room that provides a perfect space for relaxation and entertaining with patio doors leading to the rear garden.
The bungalow is in need of some updating, allowing you to put your personal touch on the interior and create a space that truly reflects your style.
One of the standout features of this property is the generous garden, which presents ample opportunity for gardening enthusiasts or those wishing to create an outdoor haven.
With a little imagination, this space could be transformed into a beautiful garden retreat, perfect for enjoying sunny afternoons or hosting gatherings with friends and family.
Additionally, the property offers off road parking, a valuable asset in the area.
The location is well-connected, providing easy access to local amenities and transport links, making it a convenient choice for daily commuting.
In summary, a fantastic opportunity for buyers looking to invest in a property with great potential and no upwards chain.
With its two bedrooms, spacious garden, and parking facilities, it is a canvas waiting for your creative vision. Don’t miss the chance to make this charming bungalow your own.
Entrance Hallway - 1.70m x 1.70m (5'7 x 5'7) - Carpeted, neutral décor, door, pendant lighting. Lounge - 4.45m x 3.48m (14'7 x 11'5) - To the rear featuring double French doors to the garden terrace.
neutral décor, carpet, radiator and pendant lighting.
Kitchen - 2.79m x 3.89m (9'2 x 12'9) - Side & front facing, a range of high gloss wall and base units, part tiled with integrated cooker and gas hob.
Space for under counter fridge/freezer, washing machine, sink and drainer, pendant lighting, access to storage cupboard and door to side.
Bathroom - 1.78m x 2.11m (5'10 x 6'11 ) - Wet walled bathroom, with modern three piece suite including wc, wash basin with vanity unit, bath with electric shower over, shoer screen and frosted uPVC window to the side & heated towel rail.
Bedroom One - 4.37m x 3.73m (14'4 x 12'3) - Front facing, carpeted, neutral décor with floral feature wall, uPVC window to the front, radiator & pendant lighting.
Bedroom Two - 2.79m x 3.05m (9'2 x 10'0) - Featuring double sliding doors to the garden, neutral décor, carpeted, radiator, pendant lighting and mounted wall lights.
External - On approaching the property you are greeted by a manicured front garden with driveway for multiple vehicles leading to a singe garage with up and over door, neighbouring the rear garden which exudes potential with flower beds, pergolas and paved areas.
Tenure - Freehold - The property is listed as Freehold Stamp Duty Land Tax - 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.
Area
Agent & docs
FAQ
About Leicester Road, Failsworth
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