McGowan Homes says ..

Property Oracle says ..

The property is a 3-bedroom maisonette located in Cheetham, Manchester, with a list price of £189,995. The property has 818.59 sqft of living space and a 1,074 sqft plot. The area has an average house price of £330,166 and an average price per sqft of £485. Considering the property’s location, it benefits from being close to Cheetwood Primary School (rated ‘Good’ by Ofsted) and other schools, as well as several train stations within a reasonable distance. This suggests a convenient location for families and commuters. The property also appears to have a small garden area, as shown in the provided images. Based on the images, the property seems to be in generally fair condition, although some minor cosmetic upgrades might enhance its appeal. There is no significant evidence of major repairs or renovations being immediately necessary. However, the decor is dated and could benefit from modernisation. Given the average price per sqft in the area (£485) and the property’s size (818.59 sqft), a rough estimate of its value would be around £396,000. However, the actual list price is significantly lower (£189,995). This suggests that the property is priced competitively, potentially reflecting its condition and the need for modernisation. The lower price point could make it an attractive option for buyers looking for a property in a good location that they can renovate and personalise. The nearby property prices show a range of values, with some properties significantly cheaper than the subject property. This may be due to differences in size, condition, or type of property. However, the subject property is a maisonette, which is a type of property that tends to be more expensive than flats or apartments. The property appears to benefit from a small garden area. In summary, the property presents a good opportunity for buyers seeking a property in a convenient location at a competitive price. While some modernisation may be desirable, the overall condition appears reasonable. The price point seems attractive relative to the average price per sqft in the area, making it a potentially good value proposition.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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