3-bedroom house · M35 0JA
Listing removedReduced £55 (−4.4%) on 28 AugListed 88 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Grovewell are delighted to offer for let this three-bedroom end-terraced home on King Street, Failsworth.
The property is presented in neutral décor throughout with gas central heating and uPVC double glazing, and briefly comprises the following: Ground Floor: Spacious double reception area, separated by glazed French doors and an archway, with newly fitted grey carpet, feature gas fire and windows to the front and side.
Fitted kitchen with wood-effect shaker units, contrasting black worktops, fully tiled walls and tiled flooring, including a freestanding gas cooker with overhead extractor, one-and-a-half bowl stainless-steel sink and drainer, ample storage and worktop space, and a rear door leading out to the yard.
First Floor: Master bedroom with extensive fitted wardrobes and dresser unit, and access to the attic room. Small double bedroom with fitted wardrobes and mirrored doors. Single bedroom.
Family bathroom, fully tiled, with panelled bath and shower over, WC and wash basin set within a vanity unit.
Attic Room: Accessed from the master bedroom, a well-proportioned converted attic room with Velux window, fitted storage and desk space, ideal as a home office, hobby room or additional storage.
Exterior: Enclosed paved rear yard with gated rear access. Gated side area to the property. On-street parking available.
The property is situated in a popular Failsworth location within short walking distance of local amenities, including shops, supermarkets, schools and more.
Close proximity to main roads and bus routes offers excellent access to Manchester City Centre, Oldham and the surrounding areas. An early viewing is highly recommended.
Contact us today to arrange your viewing! Council Tax Band: A Deposit: £1,494 Holding Deposit: £298
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About 2 King Street, Manchester
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