Pure Investor says ..
Two bedroom top floor flat | Being sold with the current tenants in situ | Gross yield of 7.56% | Annual rental income of £8,700pa | Popular residential location
Property Oracle says ..
The property is a 2-bedroom flat in Denton South, Tameside, Greater Manchester. It’s listed at £115,000 and has a size of 600 sqft. The plot size is 578.60 sqft. The average price for properties in the area is significantly higher at £607,770, with an average price per sqft of £6.00. However, it’s important to note that the average price and price per sqft may not be directly comparable due to differences in property type and size. The nearby listings show a range of prices, mostly around £110,000, which is consistent with the list price of this property. Several nearby terraced houses are listed for sale at prices between £79,950 and £125,000. This suggests that the list price of £115,000 for the flat might be reasonable, considering its location and type. The property appears to be in reasonable condition based on the images. While the carpets appear worn in places, the kitchen and bathrooms seem relatively modern and well-maintained. There is no obvious need for major renovations. The property’s location is positive. It is within close proximity to several primary schools with good Ofsted ratings, including Manor Green Primary Academy and Corrie Primary School, both within 1km. Several train stations are also within a reasonable distance, offering convenient transportation links. While the exact nature of the land associated with the flat isn’t specified, the plot size suggests a small, possibly communal garden area. More information would be needed to give a more detailed assessment. Considering the factors mentioned above, the property appears to be reasonably priced for its location, condition and size, especially considering the lower average price per sqft compared to other properties in the area. However, a lack of information on the condition of some parts of the property and the exact nature of the land makes it difficult to give a definitive assessment.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 7
- Location
- 8
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 600.00
- Lot (est)
- 578.60
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 258,318.00 £Increased by 12.92 %
- Est sale value
- 166,200.00 £Increased by 16.39 %
- Average area rental value
- 1,139.00 £/moIncreased by 23.14 %
- Est letting value
- 600.00 £/mo
- Est rental Yield
- 5.29 %Increased by 9.07 %
- Crime Rate
- 0.00 %
Agent Activity
Pure Investor created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Manor Green Primary Academy | Academy Converter | Good | 0.23 KM |
| Denton South Children'S Centre/Haughton Green Centre | Children's Centre Linked Site | 0.65 KM | |
| Corrie Primary School | Community School | Good | 0.90 KM |
| St John Fisher Rc Primary School, Denton | Voluntary Aided School | Requires improvement | 1.18 KM |
| Ashlea House School | Other Independent School | Good | 1.53 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Milton Close | £ 0 | 0 | 0.00 KM |
| Shakespeare Avenue | £ 0 | 0 | 0.00 KM |
| Baslow Road | £ 177,500 | 0 | 0.00 KM |
| Lincoln Avenue | £ 185,000 | 0 | 0.00 KM |
| Leicester Avenue | £ 180,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Woodley | 2835 | WLY | 1.70 KM |
| Bredbury | 2779 | BDY | 1.90 KM |
| Hyde Central | 2829 | HYC | 2.58 KM |
| Romiley | 2833 | RML | 3.30 KM |
| Brinnington | 2603 | BNT | 3.44 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Wordsworth Road, MANCHESTER, Lancashire, M34 | £ 125,000 | BUY | Unknown | 0.00 KM |
| Wordsworth Road, Denton, Manchester, Greater Manchester, M34 | £ 70,000 | BUY | 6 / 10 | 0.00 KM |
| Wordsworth Road, Denton, Manchester, Greater Manchester, M34 | £ 90,000 | BUY | 6 / 10 | 0.00 KM |
| Wordsworth Road, Denton, M34 | £ 100,000 | BUY | 4 / 10 | 0.01 KM |
| Windsor Court, Manchester, Greater Manchester | £ 115,000 | BUY | 5 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 10 Byron Road | £ 99,950 | 0.14 KM |
| 11 Bacon Avenue | £ 125,000 | 0.21 KM |
| 45 Wordsworth Road | £ 79,950 | 0.21 KM |
| 7 Byron Road | £ 82,000 | 0.21 KM |
| 78 Wordsworth Road | £ 163,000 | 0.22 KM |