Pearson Ferrier says ..

Property Oracle says ..

The property located at 176 Rochdale Old Road, Bury, BL9 7RQ is a terraced house listed at £100,000. The property has two bedrooms and one bathroom, and is 638 square feet in size. It benefits from a small rear garden.

The property requires significant renovation. The interior photos show worn carpets, damaged walls, and outdated fixtures and fittings. The kitchen and bathroom are particularly tired and in need of modernisation. The garden, while present, is overgrown and unkempt.

The location is reasonably good, with a primary school (Fairfield Community Primary School) within a short distance. Other schools and amenities are also within reach, although proximity to transport links is not explicitly detailed. However, nearby property prices vary significantly, ranging from £60,000 to £250,000. This wide range suggests a mixed level of desirability within the immediate area.

Considering the property’s condition, the list price of £100,000 may seem reasonable compared to other similarly sized and aged properties on the same street. However, the average price per square foot in the area (£297) is considerably higher than what this property offers, suggesting that significant investment will be required to bring it up to market value. The lack of plot size information also impacts the overall assessment.

Based on the available data, the property is in need of complete refurbishment. The location is acceptable, but the price may reflect the significant work required.

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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