Friendship Avenue, Gorton, Greater Manchester, M18

Description

Friendship Avenue, Gorton, Greater Manchester, M18. Edward Mellor 9–10 September 2026 online auction. Published guide £115,000. Current catalogue status: Available.

Location

Located in the M18 postcode area. Coordinates are populated for mapping from the postcode area where the catalogue does not expose a property-level geocode.

Investment Analysis

Investment Snapshot

Strategy Recommendation

Initial strategy: BRRR / Buy-to-Let. Verify legal pack, condition, finance, rents and local comparable evidence before setting a maximum bid.

Works Required

Obtain a survey and contractor quotations. Allow for services testing, compliance, decoration and property-specific kitchen, bathroom, roof, damp, structural, common-parts or external works.

Rental & Market Context

HB rental figures are appraisal estimates rather than auctioneer-stated rents unless specifically confirmed on the source listing. Verify with current local letting evidence.

Sold within approximately 5 miles

Check Land Registry and closely matched local sold evidence before bidding; no unverified comparable addresses or prices have been inserted.

Potential BRRR Position

Illustrative 75% refinance on the HB value range is approximately £116,438–£150,938.

Flip Analysis

Indicative gross spread before transaction/finance costs is approximately £250–£66,250. This is not profit and excludes SDLT, fees, finance, holding costs, contingency, selling costs and tax.

Investor Risks & Due Diligence

Review the legal pack, title, tenure, occupancy, special conditions, buyer fees, survey, services, EPC, planning/building regulations, finance, insurance and local rental/sold evidence.

Recommendation

Proceed only where verified total project cost supports the intended brrr / buy-to-let strategy with adequate contingency and margin.

Strategy Rating

Buy-to-Let: ★★★★☆ | BRRR: ★★★★☆ | Flip: ★★★☆☆