Josephs Estates says ..

Property Oracle says ..

The property located at Rishton Lane, Bolton, Greater Manchester, BL3 6QG is a terraced house listed at £130,000. It includes two bedrooms and one bathroom, and has a total area of 385.89 sqft. The plot size is 0.00 sqft. The property benefits from being close to several primary schools with good Ofsted ratings, including Bishop Bridgeman Cofe Primary School (0.30 KM), St William Of York Catholic Primary School (0.63 KM), and Clarendon Primary School (0.68 KM). The proximity to these schools is a positive aspect for families. Several train stations are also within a reasonable distance, providing convenient access to public transportation. Based on the provided images, the property appears to be in relatively good condition. The kitchen and bathroom have recently been updated, suggesting some modernisation. However, some areas, such as the bedrooms, appear slightly dated and could benefit from some cosmetic improvements. There is a small yard/garden area to the rear of the property. Compared to the average house price in the area (£385,295) and average price per sqft (£392), the listed price of £130,000 for this 385.89 sqft property seems significantly lower. However, this needs to be considered in the context of other nearby properties. Several comparable terraced houses on Rishton Lane itself have sold for prices ranging from £36,000 to £113,000, indicating a wide price range in the immediate vicinity. The lower end of this range aligns more closely with the listed price of the subject property. The lack of plot size information for comparable properties makes a precise price comparison difficult. In summary, while the property’s location and access to amenities are positive, the condition is mixed, with some areas modernised and others needing some updating. The price, while lower than the area average, appears reasonable considering comparable properties on the same street. The lack of land is a factor to consider.

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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