Barton Kendal Residential says ..

Property Oracle says ..

The property located on Grimshaw Lane in Middleton, Manchester is a terraced house with 2 bedrooms and 1 bathroom. The property is listed at £145,000 and has a plot size of 851.43 sqft and 877.47 sqft internal area.

Considering the provided images, the property appears to be in need of some modernisation and updating. While structurally sound, cosmetic improvements are evident throughout. The kitchen and bathroom show signs of wear and tear, requiring refurbishment. The flooring and walls also need attention. This suggests a need for some investment to bring the property up to a higher standard.

The location benefits from proximity to several schools, including St Gabriel’s Church of England Primary School (Good Ofsted rating) and Elm Wood Primary School (Good Ofsted rating), both within a reasonable distance. The presence of multiple train stations within a few kilometers also enhances its accessibility. However, the immediate surrounding area appears to be predominantly residential, with limited information provided about the availability of local shops and amenities.

The plot size is relatively small at 851.43 sqft, indicating a limited garden space. This is typical for terraced properties in this area.

Based on the average price per sqft of £472 in the area and the property’s size of 877.47 sqft, a rough estimate of its value would be around £414,000. However, the list price is significantly lower at £145,000. This discrepancy is likely due to the property’s condition and the need for renovations. The lower price reflects this requirement for modernisation and improvement. Considering the need for renovations and the relatively small plot size, the asking price of £145,000 appears to be relatively reasonable compared to similar properties in the area, provided the necessary improvements are factored into the overall cost.

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

Images