4-bedroom terraced house · M45 6AB
For saleListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold This deceptively spacious terraced home presents an exceptional opportunity for families seeking a property with character and versatility, having recently been granted change of use back to a family residence from a business premises.
Retaining many original features throughout, the house offers a warm and welcoming atmosphere, complemented by generous proportions across its layout.
The ground floor boasts two large and elegant reception rooms, providing ample space for both formal entertaining and relaxed family gatherings.
A separate morning room and kitchen (currently divided but ideally suited for conversion into a contemporary open-plan dining kitchen offer fantastic potential for buyers wishing to create a bespoke family hub tailored to modern lifestyles.
The property features four well-proportioned bedrooms, ensuring comfortable accommodation for families of all sizes, and is served by a ground floor WC in addition to a main bathroom with WC, catering efficiently to the needs of a busy household.
A substantial cellar, prime for conversion subject to building regulations, presents further scope to increase living or storage space, whether as a playroom, home office, gym or media room.
Benefiting from a rear courtyard and parking, this home is situated in an ideal location with easy access to the Metro, motorway links and a wide range of local amenities (including shops, schools and leisure facilities), making it perfectly placed for commuters and families alike.
This property offers the rare combination of period charm, flexible accommodation and excellent potential for further enhancement, inviting buyers to create their perfect family home in a highly sought-after area.
Early viewing is strongly recommended to appreciate the scale, character and potential on offer.
Additional Information Gas fired central heating system and the vendor informs us the boiler is approx one year old Council Tax C The vendor informs us the property is Leasehold 999 years from build in the 1890's with ground rent not collected (Subject to solicitors confirmation) Garden Rear Courtyard/parking Parking - Off Street
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
Agent & docs
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FAQ
About 171 Bury New Road, Manchester
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