Norman Road, Fallowfield
ED

Norman Road, Fallowfield

By Edward Mellor Ltd

£ 595,000

Reviews

2 out of 5 stars

Edward Mellor Ltd says ..

 INVESTMENT OPPORTUNITY! Ready to go seven bedroom HMO (awaiting copy of the licence) ideal for stude...

Property Oracle says ..

This property is a large seven-bedroom house located on Norman Road in Fallowfield, Manchester. The area benefits from being close to several highly-rated schools including Xaverian College and St James’ Cofe Primary School, and is also conveniently located near several train stations providing good transport links into Manchester City Centre. The property itself appears to be in need of some modernisation and updating, although the structure appears sound. The asking price of £595,000 is significantly higher than the average price for the area, which is £310,333. However, given the size of the property (2,203 sqft) and the number of bedrooms, it may represent reasonable value for money if the necessary renovations are factored into the overall cost. More information on the plot size would be helpful in providing a more complete analysis.

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
5
Condition
6
Location
8
Land
3
Bedrooms
7
Bathrooms
2
Sqft (est)
2,203.00

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
259,000.00 £
Decreased by 16.45 %
from 309,997.00 £
Est sale value
901,027.00 £
Increased by 42.01 %
from 634,464.00 £
Average area rental value
888.00 £/mo
Decreased by 19.13 %
from 1,098.00 £/mo
Est letting value
2,203.00 £/mo
Unchanged by 0.00 %
from 2,203.00 £/mo
Est rental Yield
4.11 %
Decreased by 3.29 %
from 4.25 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Edward Mellor Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
St James' Cofe Primary School, Birch-In-RusholmeVoluntary Aided SchoolGood0.35 KM
Manchester High School For GirlsOther Independent School0.61 KM
Xaverian CollegeFurther EducationOutstanding0.72 KM
The Manchester Grammar SchoolOther Independent School0.89 KM
Heald Place Primary SchoolCommunity SchoolGood1.26 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Aylesford Road £ 000.00 KM
Stone Place £ 000.00 KM
Whitecliff Close £ 000.00 KM
Hope Road £ 000.00 KM
Basil Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Mauldeth Road2867MAU2.17 KM
Ardwick2960ADK2.37 KM
Levenshulme2862LVM2.90 KM
Burnage2945BNA3.27 KM
Manchester Piccadilly2968MAN3.30 KM

Nearby Listings

AddressPriceTypeScoreDistance
Norman Road, Fallowfield £ 595,000BUY5 / 100.00 KM
Norman Road, Manchester, Greater Manchester, M14 £ 625,000BUY6 / 100.07 KM
Astral Mews, Manchester, Greater Manchester, M14 £ 490,000BUY7 / 100.10 KM
Danes Road, Manchester, Greater Manchester, M14 £ 750,000BUY6 / 100.12 KM
Wallace Avenue, Manchester, M14 £ 250,000BUY5 / 100.16 KM

Nearby Properties

AddressPriceDistance
54 Norman Road £ 300,0000.02 KM
50 Norman Road £ 300,0000.02 KM
62 Norman Road £ 47,5000.02 KM
2a Norman Road £ 82,5000.02 KM
60 Norman Road £ 335,0000.02 KM