The list price of £40,000 is low compared to nearby properties, even considering the need for extensive renovation. However, the severe state of disrepair, the lack of land, and the location in a less desirable part of Oldham make this price questionable. While it initially seems affordable, the substantial cost of the required work needed to make this property inhabitable could easily outweigh the initial saving making this low list price not as attractive as it may seem. The price would need to be significantly lower for it to be considered great value.

The provided photographs clearly show the property is undergoing a significant renovation or is in a state of disrepair. Interior walls and floors are largely stripped bare, and there’s considerable debris visible. This suggests a substantial amount of work and investment are required before it becomes habitable. The exterior image showcases some signs of age and needing repair. The condition therefore is in a poor state.

The property is located in Oldham, Greater Manchester. While Oldham isn’t known for its affluent areas, this location benefits from proximity to several schools (Broadfield Primary School, The Hathershaw College, etc.), rated good by Ofsted. Train stations such as Ashton-Under-Lyne are within a reasonable distance. However, the overall desirability of the area could be enhanced by better amenities and transport links compared to more central or affluent parts of Greater Manchester. The presence of nearby schools and transport options does somewhat elevate its location score.

The property listing explicitly states a plot size of 0.00 sqft. This indicates the complete absence of a garden or any significant land beyond the property’s footprint. This severely limits the property’s appeal to some buyers.