HMO Sales Expert says ..

Property Oracle says ..

The property is a House of Multiple Occupation (HMO) located on Chesham Road in Bury, Lancashire. The listing price is £283,000. The property has five bedrooms and five bathrooms. The average house price in the area is £178,256, with an average price per square foot of £200. However, the provided data does not include the square footage of the subject property, making a direct price per square foot comparison impossible. Nearby comparable properties range in price from £75,000 to £365,000, indicating considerable price variation in the immediate vicinity. The lack of square footage information for both the subject property and comparables makes it difficult to draw definitive conclusions about the list price reasonableness. Based on the images, the property appears to be in good condition, having undergone some degree of modernisation. The kitchen and bathrooms look recently updated. The bedrooms are furnished and presented well. There is a small garden visible in the exterior photo. The property’s proximity to several schools with “Good” or “Outstanding” Ofsted ratings is a positive attribute for potential tenants. Clifton train station is also relatively close by, offering convenient transportation links. While the property’s condition is good and its location offers some advantages, the absence of key data points (square footage, plot size) significantly limits the ability to provide a comprehensive and fully informed analysis of the property’s value and the reasonableness of its list price. More information is needed to provide a complete assessment.

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

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