Purplebricks says ..

Property Oracle says ..

The property is a two-bedroom terraced house located on Stainer Street in Longsight, Manchester. The list price is £150,000, and the property has a total area of 676 sqft with a plot size of 721 sqft. The property is in need of significant renovation. The images show damp patches, peeling wallpaper, and generally poor condition throughout. The kitchen and bathroom are particularly dated and require complete modernisation. This will add substantially to the overall cost of ownership. The location is close to several schools, including Stanley Grove Primary Academy (Good Ofsted rating), St Peter’s RC High School (Good Ofsted rating), Rodney House School (Outstanding Ofsted rating), Crowcroft Park Primary School (Good Ofsted rating), and St Richard’s RC Primary School (Outstanding Ofsted rating). The property is also within reasonable distance of several train stations, providing good transport links. However, the area’s average house price (£908,913) is significantly higher than the list price of this property, suggesting the property might be undervalued if it were in good condition. The average price per sqft in the area is £505, which is considerably higher than what this property is listed at. The property has a small yard, which is a positive feature. However, the condition of the yard in the images appears to be in line with the condition of the house itself. Considering the property’s condition, the list price of £150,000 seems reasonable, especially given the need for extensive renovation. However, the overall cost of renovation will need to be factored in to determine the true value for money. The property’s location and proximity to good schools and transportation are positive factors.

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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