Ryder & Dutton says ..

Property Oracle says ..

This two-bedroom terraced property in Heywood, Greater Manchester is listed at £120,000. The property is situated on Vigo Street, within the Hopwood Hall locality. The area benefits from relatively close proximity to several primary schools, with Harwood Park Primary School (Requires Improvement Ofsted rating) being the closest at 0.57km, and Hopwood Community Primary School (Outstanding Ofsted rating) at 0.61km. Several other schools are within a 1.5km radius. Transport links appear reasonable, with several train stations within a reasonable distance, including Castleton (Manchester) at 3.85km. Based on the provided images, the property appears to be in need of modernisation and updating. The kitchen and bathrooms show significant wear and tear, and the overall condition suggests a need for renovation. The property includes a small yard/garden area with a shed. Considering the average house price in the area is significantly higher (£364,318) and the average price per sqft is £374, this property’s price of £120,000 for 587.39 sqft seems relatively low. However, the need for extensive renovation must be factored into this assessment. Nearby comparable properties on Vigo Street have sold for significantly less, ranging from £51,000 to £58,500, suggesting that the list price may be on the higher end for properties in this immediate vicinity that are in a similar state of repair. However, the slightly larger size of this property compared to the others may justify a higher price. More information on the comparable properties’ sizes would be needed to make a definitive statement.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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