High Bank, Manchester, Greater Manchester, M18
RE

High Bank, Manchester, Greater Manchester, M18

By Reeds Rains

£ 135,000

Reviews

2 out of 5 stars

Reeds Rains says ..

***SOLD THROUGH MODERN METHOD OF AUCTION*** This charming terraced property, featuring two reception rooms, two double bedrooms, and a prime location near public transport, schools, and green spaces, offers immense potential for first-time buyers or investors to transform it into a modern ma...

Property Oracle says ..

This two-bedroom terraced house in Gorton, Manchester, presents a mixed bag of opportunities and challenges. Its location is a definite plus, with good schools and nearby train stations enhancing its appeal. The proximity to Gorton train station offers convenient access to Manchester city centre and other areas. The presence of several well-regarded primary schools within walking distance is another significant advantage for families.

However, the property’s condition is a major factor to consider. The images reveal a need for extensive refurbishment throughout. The kitchen and bathrooms are outdated, and the overall aesthetic suggests a significant investment will be required to bring the property up to modern standards. Additionally, the lack of any outdoor space is a considerable drawback.

The asking price of £135,000 reflects the property’s condition and location. While it might be considered reasonable based on comparable sales in the area (though limited data is available), prospective buyers should factor in the substantial renovation costs. A thorough survey is essential before committing to a purchase to assess any potential structural issues or hidden problems. Overall, this property presents a potential investment opportunity for buyers willing to undertake a renovation project, but it’s crucial to carefully weigh the costs and potential returns before making a decision. The absence of a garden is a significant limitation, and the overall condition requires significant work.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
6
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
773.93

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
147,222.00 £
Decreased by 20.39 %
from 184,933.00 £
Est sale value
183,421.41 £
Increased by 10.75 %
from 165,621.02 £
Average area rental value
1,031.00 £/mo
Decreased by 12.11 %
from 1,173.00 £/mo
Est letting value
773.93 £/mo
Unchanged by 0.00 %
from 773.93 £/mo
Est rental Yield
8.40 %
Increased by 10.38 %
from 7.61 %
Crime Rate
22.00 %
Unchanged by 0.00 %
from 22.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
Abbey Hey Primary AcademyAcademy Sponsor LedGood0.20 KM
St James' Cofe Primary School GortonAcademy Sponsor LedGood0.61 KM
Gorton North Sure Start Children'S CentreChildren's Centre0.61 KM
Old Hall Drive AcademyAcademy ConverterGood0.87 KM
St Clement'S Cofe Primary SchoolVoluntary Controlled SchoolGood0.98 KM

Images

Picture No. 08 Picture No. 03 Picture No. 02 Picture No. 04 Picture No. 06 Picture No. 07 Picture No. 05 Picture No. 09

Nearby Streets

NameAverage PriceAverage SqftDistance
Plantation Street £ 000.00 KM
Crowther Street £ 000.00 KM
Alston Road £ 000.00 KM
Broxwood Close £ 000.00 KM
Union Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Gorton2962GTO0.58 KM
Ryder Brow2977RRB1.15 KM
Belle Vue2785BLV1.64 KM
Reddish North2979RDN1.92 KM
Fairfield2780FRF2.35 KM

Nearby Listings

AddressPriceTypeScoreDistance
Plantation Street, MANCHESTER, Lancashire, M18 £ 200,000BUY5 / 100.12 KM
Wistaria Road, Abbey Hey £ 105,000BUYUnknown0.17 KM
High Bank, Gorton, Manchester £ 200,000BUY6 / 100.17 KM
Rockhampton Street, Manchester £ 165,000BUYUnknown0.17 KM
Bramhall Street, Gorton, Manchester £ 160,000BUY5 / 100.17 KM

Nearby Properties

AddressPriceDistance
5 High Bank £ 89,0000.01 KM
7 High Bank £ 63,0000.01 KM
15 High Bank £ 15,0000.01 KM
9 High Bank £ 109,5000.01 KM
541 Abbey Hey Lane £ 85,0000.03 KM