W C Dawson & Son Ltd says ..

Property Oracle says ..

The property is a two-bedroom terraced house located on Ridge Hill Lane, Stalybridge, in the Tameside area of Greater Manchester. It is listed at £145,000 and has a floor area of 675 sqft. The property benefits from being close to Stalybridge train station (0.25km), offering convenient access to the TransPennine Express line. Several primary schools are within a reasonable distance, including West Hill School (0.29km) which has a ‘Good’ Ofsted rating. Based on the provided images, the property appears to be in generally fair condition. While it shows signs of age and some wear and tear, it doesn’t appear to be in need of major structural repairs. The kitchen and bathroom seem functional, though a refresh might enhance their appeal. The property includes a small, enclosed rear yard. Considering the list price of £145,000, the average price for properties in the area is significantly higher at £607,770. However, the average price per sqft is £6, while this property’s implied price per sqft is approximately £215. This suggests that the property is priced considerably below the average for the area. However, it is important to note that the average price and price per sqft may not fully reflect the market value of this specific property due to its size and condition. Nearby comparable properties on Ridge Hill Lane sold for between £85,000 and £112,500, supporting the argument that the listed price is within a reasonable range for the area, given its condition and size.

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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