McHugh & Co says ..

Property Oracle says ..

The property is a terraced house located on Wesley Street in Eccles, Salford. It`s a two-bedroom property with a total area of 688.89 sqft and is listed for £60,000.

The location is reasonably convenient, with Patricroft train station only 0.22km away, offering good transport links. Several primary schools are also within a short distance, including Christ Church Cofe Primary School (rated Good by Ofsted) at 0.20km. However, the lack of plot size is a significant drawback, as there is no garden.

Based on the provided images, the property is in need of significant renovation. The interior shows considerable wear and tear, including damaged walls, flooring, and outdated fixtures. The kitchen and bathroom, while functional, also require updating. The overall condition suggests a substantial amount of work is needed to bring it up to a modern standard.

Considering the average house price in the area is £365,690 and the average price per sqft is £321, the listed price of £60,000 for this property appears significantly lower. However, this is likely due to the property`s condition. While the price may seem attractive initially, the extensive renovation required must be factored into the overall cost. Nearby comparable properties on Wesley Street range from £55,000 to £110,000, reflecting the variation in condition within the area. This suggests that the listed price for this particular property might be justified given its current state, but potential buyers should budget for substantial refurbishment costs.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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