Flat 7 Melbourne Mills, Morley
OA

Flat 7 Melbourne Mills, Morley

By Oakleaf Yorkshire West

£ 90,000

Reviews

2 out of 5 stars

Oakleaf Yorkshire West says ..

**REDUCED BY £9,000** OAKLEAF HOMES are delighted to offer for sale this chain free modern first floor, two bedroom apartment located within easy walking distance of Morley town centre. Ideal for first time buyers or investors alike. The popular Melbourne Mills development benefits from gated...

Property Oracle says ..

The property is a 2-bedroom apartment located in Morley, Leeds, West Yorkshire. Morley benefits from good transport links with Morley Train Station being less than a kilometre away, providing access to the Northern Rail network. The area also has several well-regarded schools within a short distance, including Queenswood School and Seven Hills Primary School, both rated ‘Good’ by Ofsted. The proximity to these amenities is a positive aspect of the location. However, the average house price in the area is significantly higher than the listed price of this apartment, suggesting it might be undervalued. Further investigation into the specific reasons for this discrepancy would be beneficial.

The apartment itself appears to be in reasonable condition. While the images show a generally clean and habitable space, some minor cosmetic improvements could enhance its appeal. There is no evidence of significant structural issues or the need for extensive renovations. The lack of information regarding the square footage makes it impossible to accurately assess the value per square foot.

The property is an apartment, so there is no land associated with it.

Considering the listed price of £90,000, compared to the average house price of £242,508 in the area, this property appears to be significantly underpriced. However, the lack of square footage data prevents a precise comparison using price per square foot. The nearby property sales data shows a range of prices for apartments and houses, making it difficult to definitively determine whether the listed price is truly a bargain or if other factors are at play. More information on the size of the apartment and any unique features would aid in a more accurate assessment.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1

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
244,722.00 £
Increased by 16.59 %
from 209,901.00 £
Average area rental value
958.00 £/mo
Increased by 6.33 %
from 901.00 £/mo
Est rental Yield
4.70 %
Decreased by 8.74 %
from 5.15 %
Crime Rate
22.00 %
Unchanged by 0.00 %
from 22.00 %

Agent Activity

  • Oakleaf Yorkshire West created the listing.

Nearby Schools

NameTypeOfstedDistance
Queenswood SchoolOther Independent SchoolGood0.40 KM
Seven Hills Primary SchoolCommunity SchoolGood0.41 KM
Morley South Children'S CentreChildren's Centre0.44 KM
Morley North Children'S CentreChildren's Centre0.64 KM
The Morley AcademyAcademy ConverterOutstanding1.13 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Rods Mills Lane £ 000.00 KM
Harrwood Mews £ 000.00 KM
Tennyson Street £ 000.00 KM
Siegen Close £ 000.00 KM
Glendale Gardens £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Morley8504MLY0.94 KM
Cottingley8505COT2.87 KM
Batley8484BTL4.74 KM
Dewsbury8326DEW7.00 KM
Burley Park8500BUY7.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Melbourne Mills, Melbourne Street, Morley, Leeds, West Yorkshire £ 99,995BUY6 / 100.00 KM
Melbourne Street, Morley, Leeds, West Yorkshire, LS27 £ 61,950BUY5 / 100.00 KM
Melbourne Street, Morley, Leeds, West Yorkshire, LS27 £ 67,500BUY6 / 100.01 KM
Melbourne Street, Morley, Leeds £ 110,000BUY5 / 100.01 KM
Melbourne Street, Morley, Leeds £ 100,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
8 Briggs Buildings £ 42,0000.03 KM
4 Briggs Buildings £ 105,0000.03 KM
2 Briggs Buildings £ 64,0000.03 KM
3 Briggs Buildings £ 69,0000.03 KM
1 Briggs Buildings £ 95,7500.03 KM