Description
The chance to Acquire a 2-bed freehold terrace on Manor Road, Denton, at £175,000 (12.5% below local market), featuring attic space, generous side and rear plot, offering a 4.9% net rental yield* and up to 19.2% ROI via attic conversion.
Property Description
Denton 2-Bed Investment opportunity on Manor Road combines value-add potential and immediate income. Priced at £175,000 (market average £200,000), this two-bedroom terrace boasts a full attic ready for conversion and expansive side/rear gardens ideal for extension. Inside, the property features a spacious living/dining room, fitted kitchen, two double bedrooms and a family bathroom. Moreover, original period details—such as high ceilings and sash windows—blend with modern upgrades like gas central heating and double glazing.
However, the true appeal lies in its development upside: investors can convert the attic into a third bedroom or extend into the large plot to significantly enhance value. Meanwhile, strong local rental demand ensures hands-off cashflow until a refurbishment project begins.
This property sits within a friendly neighborhood, moments from local shops, cafes and parks. Transport links include Denton Rail Station and frequent bus routes to Manchester city centre. Families will appreciate proximity to St John Fisher RC Primary and Manor Green Primary Academy.
Manor Road, Denton – Complete ROI Analysis
| Scenario | Gross Yield | Net Yield | Payback Period |
|---|---|---|---|
| Conservative (900 pcm) | 6.2% | 4.4% | 22.7 yrs |
| Moderate (1,000 pcm) | 6.9% | 4.9% | 20.4 yrs |
| Optimistic (1,100 pcm) | 7.5% | 5.4% | 18.5 yrs |
Insight: Under a moderate rent of £1,000 pcm, net rental income of £8,700 pa delivers a 4.9% net yield and covers initial outlay within ~20 years.
Development Potential
Attic Conversion (Cost ~£32,800): 19.2% ROI (moderate scenario)
Single-Storey Extension (Cost ~£44,300): 8.5% ROI
Comprehensive (Attic + Extension): 15.1% ROI These value-add routes can transform a 2-bed into a 3- or 4-bed home, capitalizing on Denton’s 35% five-year price growth trend
Location & Neighborhood
Manor Road, Denton, lies in a well-connected suburb of Greater Manchester:
- 0.9 mile to Denton Rail Station Denton Station
- Easy access to M60 motorway
- 200 m to St John Fisher RC Primary School
- 0.4 mile to Crown Point Shopping Park (Crownpoint Shopping in Denton, Manchester | Shops, Cafes and Restaurants in Denton)
- Nearby Haughton Dale Nature Reserve (Parks in Tameside – Tameside MBC)
Secure this Denton 2-Bed Investment at Palace Auctions—combine low entry price, strong rental yield, and significant development upside. Contact us today to arrange a viewing or request further details!
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