Bricks Properties says ..
Bricks Properties is delighted to offer a rare and exciting investment opportunity — a fully refurbished entire building comprising five one-bedroom flats, now available for sale in a highly desirable area of Manchester. This turnkey property is ideal for investors seeking a high-yield asset, or ...
Property Oracle says ..
The property is located in Whalley Range, Manchester, which benefits from being close to several highly-rated schools such as William Hulme’s Grammar School and Whalley Range 11-18 High School. The area also has good transport links with several train stations within a reasonable distance, including Deansgate and Manchester Piccadilly. This makes the location convenient for commuters and families alike.
Based on the provided images, the property appears to be in need of some modernisation and updating. The interior finishes, while functional, look dated and could benefit from refurbishment to enhance its overall appeal and value. The property shows signs of wear and tear in several areas.
The property has a significant plot size, offering ample outdoor space. However, the garden currently appears unkempt and overgrown and would require considerable work to transform it into a usable and attractive space.
Considering the list price of £675,000, the average price in the area of £477,296, and the average price per sqft of £363, this property’s price appears high relative to the local market average. The property’s condition and the need for significant renovation work further contribute to this assessment. While the large plot size is a positive feature, the current state of the garden needs to be factored into the overall value proposition. The property’s size of 318.07 sqft is significantly smaller than the average of 1313 sqft in the area. Therefore, the price per sqft is considerably higher than the area average.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 4
- Location
- 8
- Land
- 7
- Bedrooms
- 5
- Bathrooms
- 5
- Sqft (est)
- 318.07
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
- 310,000.00 £Decreased by 15.59 %
- Est sale value
- 101,464.33 £Decreased by 9.37 %
- Average area rental value
- 1,178.00 £/moIncreased by 7.29 %
- Est letting value
- 318.07 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.56 %Increased by 27.02 %
- Crime Rate
- 0.00 %
Agent Activity
Bricks Properties created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| William Hulme'S Grammar School | Academy Sponsor Led | Good | 0.23 KM |
| Kassim Darwish Grammar School For Boys | Other Independent School | 0.41 KM | |
| St Bede'S College | Other Independent School | 0.53 KM | |
| Whalley Range 11-18 High School | Academy Converter | Good | 0.62 KM |
| St Margaret'S Cofe Primary School | Voluntary Controlled School | Good | 1.03 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lawn Drive | £ 586,111 | 0 | 0.00 KM |
| Alexandra Avenue | £ 0 | 0 | 0.00 KM |
| Grosvenor Road | £ 388,333 | 0 | 0.00 KM |
| Fallowfield Loop | £ 160,000 | 0 | 0.00 KM |
| Rosebery Street | £ 249,995 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Deansgate | 2963 | DGT | 2.95 KM |
| Manchester Oxford Road | 2966 | MCO | 3.05 KM |
| Manchester Piccadilly | 2968 | MAN | 3.89 KM |
| Salford Central | 2798 | SFD | 3.98 KM |
| Manchester Victoria | 2970 | MCV | 4.49 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Manley Road, Manchester | £ 675,000 | BUY | 5 / 10 | 0.00 KM |
| Springbridge Road, Whalley Range | £ 895,000 | BUY | Unknown | 0.07 KM |
| Springbridge Road, Whalley Range | £ 420,000 | BUY | Unknown | 0.09 KM |
| Montcliffe Crescent, Whalley Range | £ 300,000 | BUY | 6 / 10 | 0.15 KM |
| Manley Road, Whalley Range | £ 825,000 | BUY | 6 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 21 Spring Bridge Road | £ 263,000 | 0.04 KM |
| 10 Spring Bridge Road | £ 276,000 | 0.04 KM |
| 6 Spring Bridge Road | £ 685,000 | 0.04 KM |
| 17 Spring Bridge Road | £ 285,000 | 0.04 KM |
| 23 Spring Bridge Road | £ 173,000 | 0.04 KM |