Jordan Fishwick says ..

Property Oracle says ..

The property is located in Woodhouse Park, Manchester, a suburb with a mix of housing types. The area benefits from relatively close proximity to Manchester Airport and several train stations, offering convenient transport links. Several schools are within a reasonable distance, including Manchester Enterprise Academy which has a ‘Good’ Ofsted rating. The presence of these amenities contributes positively to the location score. However, the average house price in the area is significantly higher than the list price of this property, suggesting it may be undervalued or that the property itself has some drawbacks.

Based on the provided images, the property appears to be in generally good condition. There are no immediately apparent signs of significant disrepair or damage. The interior is presented neatly and is relatively modern, although some updating might enhance its appeal. The kitchen and bathroom appear functional but could benefit from some modernisation. The overall condition is satisfactory, but not exceptional.

The property includes a small, manageable garden, which is a positive aspect for many buyers. While not expansive, it provides outdoor space, adding value to the property.

Considering the list price of £195,000, the average house price in the area of £908,913, and the average price per square foot of £505, this property appears to be significantly underpriced compared to the overall market average. However, the lack of sqft information for nearby properties makes a precise comparison difficult. The lower price point may be due to the smaller size of the property and the relatively modest condition, despite its functional state. The significantly lower prices of nearby properties on Peterswood Close also suggest the price may reflect the specific location within the area. More information on the average price per sqft for comparable properties in the immediate vicinity would allow for a more precise assessment.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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