JP & Brimelow says ..

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom terraced house located on Langley Road in Fallowfield, Manchester. The list price is £300,000, and the property has a size of 776.62 sqft. There is a small yard/garden area to the rear of the property. Based on the provided images, the property appears to be in good condition and has recently undergone some modernisation. The kitchen and bathrooms appear to be newly fitted or recently refurbished. The flooring throughout also looks relatively new. The location in Fallowfield is generally considered to be a good location, with several schools nearby, including St James’s Cofe Primary School (rated ‘Good’ by Ofsted) and Xaverian College (rated ‘Outstanding’). There are also several transport links within a reasonable distance, including Mauldeth Road train station. However, the area also has a higher average house price than the subject property, potentially indicating that the property is underpriced relative to the area average. Considering the property’s condition, location, and small yard, the list price of £300,000 seems reasonable when compared to similar properties on Langley Road, which range from £120,000 to £350,000. However, the average house price in the area is significantly higher (£908,913), suggesting that the property may be underpriced compared to the broader Fallowfield market. The average price per sqft in the area is £505, while the subject property’s price per sqft is significantly lower. This disparity may be due to the smaller size of the property and the fact that it is a terraced house, rather than a detached or semi-detached property.

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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