Summary - 97, FOURACRES ROAD, MANCHESTER M23 1ES
3 bed 1 bath Semi-Detached
Auction-sale refurbishment buy with quick completion and rental potential.
Three-bedroom semi-detached freehold with front and rear gardens
Offered by Modern Method of Auction, this freehold three-bedroom semi-detached in M23 presents a clear refurbishment/refit opportunity for an investor. The property has a traditional layout with a living room, open kitchen/dining room, ground-floor WC and three first-floor bedrooms with a wet room. It requires significant modernisation throughout — ceiling and carpet damage are noted — but the footprint and rear garden create scope for value-adding improvements or a rental conversion.
Practical strengths include fast broadband, average mobile signal and easy access to motorway networks and local transport links, supporting lettability. Council tax is very cheap and the property is in a major conurbation close to a range of schools and bus services, which may appeal to local family tenants. The sale follows auction terms: a 56-day completion Reservation Period, a non-refundable reservation fee (4.5% of purchase price, minimum £6,600) and a Buyer Information Pack fee of £349 (incl. VAT). Prospective bidders should check mortgage suitability and read all auction documents before bidding.
Be realistic about the area context: the wider locality is classified as very deprived with a high proportion of social renting and ‘hampered neighbourhoods’ locally. These factors can influence tenant profile and capital growth. For a buyer prepared to invest in repairs and modern finishes, the property offers rental potential and refurbishment upside in a market where entry-priced homes are sought after. The auction route can deliver a quicker purchase but brings additional fees and binding conditions — factor these into your costs and timescales.
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