A substantial terrace property comprising of four self-contained flats
By Jordan Fishwick
£ 700,000
Reviews
2 out of 5 stars
Jordan Fishwick says ..
*** INVESTMENT OPPORTUNITY *** A SUBSTANTIAL TERRACE PROPERTY COMPRISING OF FOUR TWO BEDROOM FLATS LOCATED WITHIN A SHORT STROLL OF THE EVER POPUALR BURTON ROAD AND THE METROLINK. 2887 sq ft overall. There is parking available at the front & rear of the building and both the ground floor and bas...
Property Oracle says ..
This property in Didsbury West, Manchester, is a substantial terrace house currently divided into four self-contained flats. Its location is a major strength, situated near Burton Road, a popular area with shops, restaurants and excellent transport links. The proximity to good schools is also a significant positive for potential buyers. The property itself presents as a period property, though the internal photographs suggest that some modernisation and refurbishment would significantly improve its appeal and value. The kitchens and bathrooms, in particular, appear dated and in need of updating. The property currently lacks a garden, having only a limited paved area to the rear. While the listing price of £700,000 might be considered high based on the condition of the existing fixtures and fittings, this is offset by the potential rental income from the four flats. Overall, the property represents an investment opportunity that could offer strong rental returns following modernization. However, potential buyers should budget for renovation costs, making a thorough inspection vital before committing to a purchase. Further information on price per square foot would allow for a more detailed assessment of the property’s value.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 8
- Land
- 2
- Bedrooms
- 8
- Bathrooms
- 4
- Sqft (est)
- 2,886.88
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Metrics Year-on-Year
- Average area value
- 672,916.00 £Increased by 59.57 %
- Est sale value
- 1,472,308.80 £Increased by 35.64 %
- Average area rental value
- 1,415.00 £/moIncreased by 3.89 %
- Est letting value
- 2,886.88 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.52 %Decreased by 35.05 %
- Crime Rate
- 0.00 %
Agent Activity
Jordan Fishwick marked this listing as sold.
Jordan Fishwick created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| West Didsbury Ce Primary School | Free Schools | Good | 0.27 KM |
| Cavendish Primary School | Community School | Good | 0.41 KM |
| Moor Allerton Preparatory School | Other Independent School | 0.83 KM | |
| Old Moat Primary School | Academy Converter | Good | 0.97 KM |
| The Birches School | Community Special School | Outstanding | 1.06 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lawnside Mews | £ 220,000 | 0 | 0.00 KM |
| Rutland Avenue | £ 0 | 0 | 0.00 KM |
| St Aldwyn's Road | £ 0 | 0 | 0.00 KM |
| Kenilworth Avenue | £ 587,500 | 0 | 0.00 KM |
| Palatine Avenue | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Burnage | 2945 | BNA | 2.63 KM |
| East Didsbury | 2949 | EDY | 2.68 KM |
| Mauldeth Road | 2867 | MAU | 3.34 KM |
| Gatley | 2953 | GTY | 3.85 KM |
| Manchester Oxford Road | 2966 | MCO | 5.28 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| A substantial terrace property comprising of four self-contained flats | £ 700,000 | BUY | 5 / 10 | 0.00 KM |
| 22a Lapwing Lane, West Didsbury, M20 | £ 1,000,000 | BUY | 5 / 10 | 0.06 KM |
| 1B Lapwing Lane, West Didsbury, M20 | £ 1,050,000 | BUY | 6 / 10 | 0.06 KM |
| 22 Lapwing Lane, West Didsbury, M20 | £ 1,200,000 | BUY | 6 / 10 | 0.06 KM |
| 24a Lapwing Lane, West Didsbury, M20 | £ 950,000 | BUY | 6 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 26 Old Lansdowne Road | £ 485,000 | 0.11 KM |
| 1 Hague Road | £ 627,500 | 0.12 KM |
| 2a Old Lansdowne Road | £ 205,000 | 0.13 KM |
| 24 Old Lansdowne Road | £ 975,000 | 0.14 KM |
| 12 Old Lansdowne Road | £ 868,400 | 0.14 KM |