Lomas Close, Burnage
JO

Lomas Close, Burnage

By Jordan Fishwick

£ 175,000

Reviews

2 out of 5 stars

Jordan Fishwick says ..

** 70% EQUITY & 55 YEARS OR ABOVE** - An appealing, two bedroom bungalow forming part of a quiet purpose built residential development on the borders of Heaton Mersey, Burnage and Didsbury. The well planned living space benefits of both gas fired central heating and uPVC double glazing and in out...

Property Oracle says ..

This two-bedroom bungalow located on Lomas Close in Burnage, Manchester, presents a mixed bag of characteristics. The property’s location is a positive aspect, with convenient access to public transport (Burnage train station is within walking distance), and a selection of well-rated schools nearby, including Burnage Academy for Boys which has an Outstanding Ofsted rating. This makes the property potentially attractive to families and commuters. The area itself is generally quiet and residential, although the surrounding area’s property values vary based on location, with a range of property prices visible in nearby streets. However, the property’s interior condition and decor are showing their age. The kitchen and bathroom in particular appear dated and could benefit from refurbishment. While functional, the current aesthetic is unlikely to appeal to a broad range of buyers and could require some immediate investment to update. While the property does benefit from a small garden, it’s not especially extensive. The overall price of £175,000 seems fairly competitive, given the lack of recent comparables for sqft of the subject property, and the existing market in the area, but potential buyers should factor in the potential costs of modernising the property to increase its desirability and resale value.

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
7
Condition
5
Location
7
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
518.82

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
533,583.00 £
Increased by 11.40 %
from 479,000.00 £
Est sale value
284,313.36 £
Increased by 25.98 %
from 225,686.70 £
Average area rental value
1,591.00 £/mo
Increased by 15.54 %
from 1,377.00 £/mo
Est letting value
518.82 £/mo
Unchanged by 0.00 %
from 518.82 £/mo
Est rental Yield
3.58 %
Increased by 3.77 %
from 3.45 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Jordan Fishwick marked this listing as sold.

  • Jordan Fishwick created the listing.

Nearby Schools

NameTypeOfstedDistance
Stella Maris SchoolOther Independent SchoolGood0.98 KM
The Barlow Rc High School And Specialist Science CollegeVoluntary Aided SchoolGood1.01 KM
St John'S Church Of England Primary SchoolVoluntary Controlled SchoolGood1.04 KM
Burnage Academy For BoysAcademy ConverterOutstanding1.16 KM
Ladybarn Primary SchoolAcademy Converter1.19 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Swinly Crescent £ 000.00 KM
Albury Drive £ 000.00 KM
Parrs Wood View £ 000.00 KM
Fair Oak Road £ 350,00000.00 KM
Harwood Road £ 242,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Burnage2945BNA0.43 KM
Mauldeth Road2867MAU1.50 KM
East Didsbury2949EDY1.61 KM
Levenshulme2862LVM3.45 KM
Gatley2953GTY3.67 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lomas Close, Burnage £ 175,000BUY5 / 100.00 KM
Lomas Close, Burnage £ 175,000BUY5 / 100.04 KM
Lomas Close, Burnage £ 105,000BUYUnknown0.09 KM
Uppermill Drive, Manchester £ 274,975BUYUnknown0.13 KM
Uppermill Drive, Manchester, Greater Manchester, M19 £ 330,000BUY6 / 100.14 KM

Nearby Properties

AddressPriceDistance
10 Lomas Close £ 80,0000.04 KM
8 Lomas Close £ 53,0000.04 KM
22 Lomas Close £ 120,0000.04 KM
25 Lomas Close £ 79,9500.04 KM
11 Lomas Close £ 100,0000.04 KM