Trading Places says ..

Property Oracle says ..

This four-bedroom semi-detached property located on Cromford Avenue in Stretford, Greater Manchester, presents a mixed bag of opportunities and challenges for potential buyers. The property’s strong points lie in its location within the Gorse Hill area, offering proximity to various schools (Moss Park Infant and Junior Schools, Lostock High School), all with at least ‘Good’ Ofsted ratings and within a relatively short distance. Furthermore, there are several train stations within easy reach, providing good transport connections. The sizable garden provides attractive outdoor space.

However, the property is in considerable need of modernisation and repair. The provided images reveal dated interior design, worn carpets and flooring, some wall damage, and an outdated kitchen and bathroom. These aspects will need addressing immediately and will come with a large and unquantifiable financial cost.

The listed price of £325,000 requires thorough analysis in comparison to similar properties in the area. While other four-bedroom semi-detached properties on Cromford Avenue are listed around the same price, the condition of the property significantly influences its overall value. A prospective buyer needs to factor in the considerable renovation costs, obtaining multiple quotes from builders and contractors in order to create an acurate costings report that will help them decide on whether or not to purchase the property. Before making an offer, a professional survey is highly recommended to assess the extent of any structural issues or necessary repairs. In summary, this is a property that requires substantial work, and the return on investment will depend on the buyer’s ability to manage the renovation and the prevailing market conditions in the area.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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