Taylor & Wood Estate Agents says ..

Property Oracle says ..

This three-bedroom terraced house located on Market Street in Hyde, Greater Manchester, is listed for £120,000. The property’s location offers convenient access to local amenities, including shops, schools (several primary schools within walking distance), and train stations (Hyde Central and others within a reasonable distance). The external appearance of the property, however, reveals significant cosmetic issues, such as peeling paint and general disrepair. This suggests a need for renovation or repairs, which should be factored into any purchase decision. While the proximity to amenities makes it appealing, the need for refurbishment significantly impacts its overall value. More details on the property size (SQFT) and the existence of a garden are needed for a complete assessment. The lack of information on the internal condition is a major hurdle for a full appraisal. A potential buyer should consider acquiring a comprehensive home survey to ascertain the extent of any necessary repairs and to confidently evaluate the true value of the property relative to its listed price. The listed price of £120,000 appears to be within the range of similar properties in the area, but the condition and need for renovation may influence the final sale price. This would make a potential investor’s interest most likely to be driven by rental income prospects. The lack of provided square footage data makes accurate price-per-square-foot analysis impossible. Considering the market conditions in Hyde, prospective buyers should be aware that similar properties have sold at prices both above and below this listing price. A thorough evaluation, taking into account all factors, is crucial before making a purchase decision. Prospective buyers should conduct thorough research of the local area and factor in the cost of any needed renovations.

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

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