Andrew J Nowell says ..

Property Oracle says ..

Alderley Edge is a highly sought-after location in Cheshire, known for its excellent schools, convenient transport links, and picturesque surroundings. The property’s proximity to several highly-rated schools, including those with ‘Outstanding’ Ofsted ratings, is a significant advantage for families. The relatively close proximity to train stations providing links to Manchester and beyond adds to its appeal.

Based on the provided images, the property appears to be in good structural condition. However, some areas, particularly in the bathrooms and some rooms, show evidence of needing some modernisation or updating. The finishes are not consistent throughout, suggesting a need for some refurbishment to create a more cohesive and contemporary feel. While the property’s structure is sound, the need for modernisation should be considered when assessing its overall condition.

The property boasts a substantial plot size of 2,423 square feet, offering ample outdoor space. The presence of a pond and well-maintained landscaping further enhances the appeal of the grounds. The extensive grounds provide privacy and a tranquil setting, which is a highly desirable feature in this area.

Considering the list price of £490,000, the average price per square foot in the area (£583), and the property’s condition and land size, the pricing appears reasonable. While the average house price in the area is significantly higher (£963,970), this property is a duplex, and the need for some modernisation may account for the lower list price compared to other properties in the area. Nearby comparable properties support this assessment, showing a range of prices that this property falls within. The large plot size adds considerable value, potentially offsetting the cost of any necessary renovations.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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