Philip James Manchester says ..

Property Oracle says ..

The property is a two-bedroom apartment located in Cheetham Hill, Manchester. The location benefits from being relatively close to Manchester city centre and has good access to public transportation, with several train stations within a 1.5 to 3 KM radius. There are also several primary schools within a 1 KM radius, including Unity Community Primary School and Cheetham Cofe Community Academy, both rated as “Good” by Ofsted. However, the surrounding area appears to be primarily residential, and the immediate vicinity may lack some amenities.

Based on the provided photos, the property seems to be in fair condition. While it is habitable, some minor repairs and cosmetic improvements could enhance its overall appeal. The kitchen and bathroom show signs of wear and tear, and some minor maintenance is evident in the bedrooms. The property is relatively small (499.69 sqft), which is significantly below the area average of 680 sqft. The plot size is 552.01 sqft, indicating a limited outdoor space.

Considering the property’s condition, size, and location, the list price of £140,000 seems relatively reasonable, especially when compared to similar properties in the area. The average price per sqft in the area is £485, and while the property is smaller, the list price is in line with other properties in the area that have been listed for sale. However, it is important to note that the area average price is significantly higher (£330,166), suggesting that this property may be undervalued or that it is priced competitively to attract buyers.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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