McHugh & Co says ..

Property Oracle says ..

The property is located in Hazel Grove, Stockport, which is a suburb with good transport links to Manchester. The nearby train station provides access to the Northern rail network. Several primary schools are within a reasonable distance, with Ofsted ratings ranging from \‘Good\’ to \‘Outstanding\’. This suggests a family-friendly environment with access to good education. The average house price in the area is significantly higher than the list price of this property, suggesting it could be undervalued. However, the average house size is also larger.

The property itself appears to be in need of some modernisation and updating. The carpets are worn, and there’s evidence of some damage to the walls. The kitchen and bathroom, while functional, are dated. The garden is present and has potential but is currently unkempt.

Considering the property’s condition, the relatively small plot size, and the lower average price per square foot compared to the area average, the list price of £140,000 appears to be reasonably priced, especially given the need for renovations. However, the lack of information on the plot size makes a definitive statement on land value impossible.

Based on the images, the property could be tagged as needing renovation.

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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