Pearson Ferrier says ..

Property Oracle says ..

Ramsbottom is a highly sought-after location in Bury, Greater Manchester. The property is situated close to highly-rated primary schools such as Hazlehurst Community Primary School and St Joseph’s Roman Catholic Primary School, both rated as ‘Outstanding’ by Ofsted. The proximity to Woodhey High School further enhances its family appeal. While transport links to Bromley Cross and Entwistle train stations are available, the distances involved (9.6km and 9.72km respectively) suggest reliance on private transport for regular commuting.

The property itself appears to be a traditional terraced house. The images reveal that it is in need of some modernisation and updating. The interior shows signs of wear and tear, particularly in the living areas and bedrooms. The kitchen and bathroom, while functional, are dated. The presence of a small garden is a positive aspect, although its size is not specified.

Considering the average house price in the area is £322,121 and the average price per square foot is £273, the list price of £260,000 for this 1,161.63 sqft property is relatively low. However, the need for renovation must be factored into the valuation. Nearby comparable properties, while varying in price, suggest that a lower price might reflect the condition of the property requiring renovation. The lack of plot size information hinders a complete assessment of land value.

The property shows potential, particularly given its location and the presence of a garden. However, prospective buyers should budget for significant renovation costs. The overall value proposition depends heavily on the buyer’s willingness and ability to undertake renovations.

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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