Ryder & Dutton says ..

Property Oracle says ..

The property is located in Burnley Lane, Chadderton, Oldham. It’s a terraced house with two bedrooms and one bathroom, and a total area of 643.25 sqft. The list price is £160,000.

The property appears to be in good condition, having undergone some modernisation. The kitchen and bathroom have been recently updated, with modern fixtures and fittings. The flooring throughout the property also appears new. There is a small yard/patio area to the rear of the property, which includes a shed. While the loft space shows some exposed brickwork, it is largely boarded and could potentially be converted, subject to planning permission.

Given the size of the property, its location and the recent renovations, the list price of £160,000 may seem reasonable when compared to similar properties in the area. However, it is worth noting that the average house price in the area is significantly higher (£876,205), suggesting that this property may be priced competitively. The lack of plot size information makes a definitive assessment of the price-to-land ratio impossible. The average price per sqft in the area is £496, and while this property’s sqft is not provided, the price seems to fall within a reasonable range for a terraced house in Oldham. Further analysis of comparable properties would be required to confirm this.

The location is close to several primary schools which are rated as good or outstanding by Ofsted, and also relatively close to several train stations. This makes it a potentially desirable location for families.

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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