2-bedroom terraced house · M18 8SD
Sold STCListed 224 days
Opportunity summary
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About
TO BE SOLD BY AUCTION ON 25TH - 26TH MARCH 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS. 4 Madison Street, Abbey Hey, M18 8SD.
Tenanted terraced house not yet inspected by Edward Mellor but reported to comprise lounge, dining room, kitchen, two bedrooms and bathroom. Rear yard. Gas central heating and double glazing.
Let on a periodic AST from 24/11/15; last rent increase 24/11/25 to £750 per month. Please respect the tenant’s privacy.
Perfectly situated for local schools including Abbey Hey Primary Academy and Wright Robinson College, parks and easily commutable to Manchester, this is a highly sought-after location with demand shooting up over the past couple of years.
Here are some similar properties taken from Land Registry which have sold close by that highlight the potential: 32, Kenyon Street, M18 8SF sold on 16/04/2025 for £168,000 Terraced 2 beds 0.14 mi 221, Abbey Hey Lane, M18 8TN sold on 21/03/2025 for £175,000 Terraced 2 beds 0.25 mi Located within close proximity of local amenities, including both Gorton and Openshaw centres, the nearby Lyme Retail Park, the 24-hour Tesco store, Gorton Market and the M60.
The A57 gives access to surrounding areas by car and public transport. There are plenty of recreational offerings close by such as Vine Street Park, Lees Street Park and Delamere Park.
Tenant ready property rental values in the area are in the region of £1000 per month. EPC rating C.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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.
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FAQ
About 4, Madison Street, Abbey Hey
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