Hills says ..

Property Oracle says ..

The property is a 3-bedroom semi-detached house located on Derby Road in Salford, Greater Manchester. The list price is £260,000.

The property benefits from a good location, with several primary schools within a 1km radius, including Willow Tree Primary School (rated ‘Good’ by Ofsted) and Holy Family VA RC Primary School (rated ‘Outstanding’). Several train stations are also relatively close by, offering convenient access to Manchester city centre and beyond. The presence of a garden is also a positive feature.

However, based on the provided images, the property appears to be in need of some modernisation or cosmetic improvements. The kitchen, while functional, has a somewhat dated aesthetic. Some minor repairs may also be required, such as patching the wall in the bathroom. The overall condition is not poor but could benefit from some updating to enhance its appeal and value.

Considering the average price per square foot in the area (£606) and the property’s size (620 sqft), a price of approximately £375,720 might be expected. The list price of £260,000 is significantly lower than this figure. However, it’s important to note that the average price and price per sqft data provided may not fully reflect the specific characteristics of this property (e.g., condition, plot size). The lower list price may reflect the need for some modernisation and the relatively small plot size. Nearby comparable properties on Derby Road show a range of prices, but none are directly comparable due to missing sqft data. Therefore, while the list price is lower than an estimated value based on average sqft prices, it may still represent reasonable value considering the property’s condition and the need for potential updates.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images