River Lane, Partington, Manchester, Greater Manchester, M31
RE

River Lane, Partington, Manchester, Greater Manchester, M31

By Reeds Rains

£ 90,000

Reviews

2 out of 5 stars

Reeds Rains says ..

AN EXCELLENT INVESTMENT BUY.. OR a fantastic opportunity to buy your first home. CASH BUYERS ONLY DUE TO SHORT LEASE. Internal features include: Entrance porch, spacious living room, well presented kitchen, great size double bedroom and a bathroom. Externally the property features communal ...

Property Oracle says ..

Location: The property is located in Partington, Manchester. Partington benefits from relatively close proximity to several primary and secondary schools, all within a 1.38km radius and have a good Ofsted rating. There are also several train stations within a reasonable distance, providing access to Manchester and other areas. This makes the location reasonably convenient for families and commuters. However, the average house price in the area is significantly higher than the subject property’s list price, suggesting it may be in a less desirable part of Partington.

Condition: Based on the provided images, the property appears to be in generally good condition. The bathroom and kitchen show some signs of wear but are not in disrepair. The living areas and bedroom appear clean and well-maintained. There are no obvious signs of significant damage or the need for major renovations.

Land: The property has a very small plot size of 0.00 sqft. This is a significant drawback as it offers no private outdoor space.

Price: The list price of £90,000 is considerably lower than the average house price in the area (£700,192). However, this is likely due to the property being an apartment and significantly smaller than the average property size (555 sqft vs 1405 sqft). The average price per sqft in the area is £498.00, while the price per sqft for this property is approximately £162.00. Considering its size, condition, and lack of land, the price seems reasonable, although further investigation into comparable apartment sales in the immediate vicinity would be beneficial to confirm this. The nearby comparable properties are all significantly more expensive, which supports the argument that the property is priced competitively.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
7
Location
6
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
555.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
511,667.00 £
Decreased by 1.51 %
from 519,509.00 £
Est sale value
164,280.00 £
Decreased by 31.00 %
from 238,095.00 £
Average area rental value
1,296.00 £/mo
Decreased by 23.76 %
from 1,700.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 555.00 £/mo
Est rental Yield
3.04 %
Decreased by 22.65 %
from 3.93 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
Partington Children'S CentreChildren's Centre0.38 KM
Partington Central AcademyAcademy ConverterGood0.47 KM
Fairfield House SchoolOther Independent Special SchoolGood0.75 KM
Broadoak SchoolAcademy ConverterGood1.01 KM
Our Lady Of Lourdes Catholic SchoolVoluntary Aided SchoolGood1.38 KM

Images

Picture No. 01 Picture No. 02 Picture No. 05 Picture No. 09 Picture No. 04 Picture No. 06 Picture No. 08 Picture No. 10

Nearby Streets

NameAverage PriceAverage SqftDistance
Daniel Court £ 254,95000.00 KM
Derwent Close £ 000.00 KM
Central Road Service Road £ 000.00 KM
Wychelm Road £ 000.00 KM
Sheldon Close £ 267,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Irlam2817IRL1.74 KM
Glazebrook2301GLZ3.93 KM
Flixton2935FLI5.15 KM
Chassen Road2947CSR6.86 KM
Urmston2938URM8.42 KM

Nearby Listings

AddressPriceTypeScoreDistance
River Lane, Partington, Manchester, Greater Manchester, M31 £ 90,000BUY5 / 100.00 KM
River Lane, Partington, Manchester, Greater Manchester, M31 £ 220,000BUY6 / 100.04 KM
River Lane, Partington, Manchester, M31 4DB £ 220,000BUYUnknown0.08 KM
New William Close, Partington, Manchester, M31 £ 100,000BUY6 / 100.11 KM
Manchester Road, Partington, £ 210,000BUYUnknown0.12 KM

Nearby Properties

AddressPriceDistance
14 River Lane £ 210,0000.04 KM
8 River Lane £ 240,0000.04 KM
22 River Lane £ 180,0000.04 KM
6 River Lane £ 138,0000.04 KM
19 River Lane £ 187,0000.04 KM