Ian Macklin says ..

Property Oracle says ..

This 2-bedroom, 1-bathroom property located on Chapel Lane in Hale Barns, Trafford, presents a compelling yet challenging proposition. Hale Barns is renowned for its affluent character, excellent schools (such as St. Ambrose College within a reasonable distance) and convenient transport connections. The property’s location, therefore, offers significant appeal, given the right buyer.

However, the property’s condition requires a keen eye. The photographs clearly show that significant modernisation is required throughout. Carpets, paintwork, bathrooms and kitchen all appear well beyond their use-by-date. A full renovation would undoubtedly be necessary, adding a considerable cost to the purchase price. The extent of any necessary structural repairs, however, isn’t immediately clear from the images.

A notable feature of this property is the substantial garden, which is markedly larger than what’s commonly seen in the area. This offers significant potential for enhancements and provides ample outdoor space.

The list price sits within a range that’s seen in Hale Barns, but considering the property’s need for substantial work, buyers will need to carefully weigh the cost of renovation against the final value following modernisation. The lack of detail regarding square footage for nearby comparable properties makes it difficult to accurately assess value, and further investigation into the cost per square foot is needed to determine the list price’s true reasonableness.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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