Baileys Wood is one of Manchester's few remaining semi-natural ancient woodlands. Surrounded by the buildings of Booth Hall Children's Hospital, and the neighbouring residential housing estate, the Wood runs through a steep inaccessible ravine, which has allowed it to develop untended for many years. A variety of butterfly species can be seen in spring, and the wood plays host to birds such as greater spotted woodpecker, treecreeper and nuthatch.

Baileys Wood is a regional Site of Biological Importance, and provides a valuable environmental education resource for local schools. The Crosslee Tenants and Residents Association play an extremely active role in engaging the local community in all manner of events, from clean ups to nest box building. The site is suitable for informal recreation activities, such as walking, jogging and cycling.