Cornerstone Estates & Lettings Limited says ..

Property Oracle says ..

The property is a 2 bedroom terraced house located on Rosary Road, Oldham, in the Medlock Vale area. The list price is £120,000 and the property has a total area of 742.71 sqft. The property benefits from a rear garden. Based on the images provided, the property is in need of significant renovation. The interior features outdated fixtures and fittings, damaged flooring, and requires redecoration throughout. The kitchen and bathroom are particularly dated and require complete modernisation. The property’s location in Medlock Vale, Oldham, places it within reasonable proximity to several schools, including Holy Rosary RC Junior Infant and Nursery School (0.38km), The Hathershaw College (0.81km), and St Martin’s Cofe Junior Infant and Nursery School (0.87km). Transportation links are also relatively close by, with several train stations within a 6km radius. Considering the average house price in the area is significantly higher (£876,205) and the average price per sqft is £496, the asking price of £120,000 for this property appears relatively low. However, this is likely due to the property’s condition requiring substantial renovation work. The nearby comparable properties on Rosary Road sold for between £65,000 and £190,000, with the average being significantly lower than the list price. This suggests that the list price may be slightly inflated, even considering the required renovation.

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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