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 The kitchen and bathrooms are outdated, and the overall aesthetic suggests a significant investment will be required to bring the property up to modern standards.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 %
- Est sale value
- 183,421.41 £Increased by 10.75 %
- Average area rental value
- 1,031.00 £/moDecreased by 12.11 %
- Est letting value
- 773.93 £/moUnchanged by 0.00 %
- Est rental Yield
- 8.40 %Increased by 10.38 %
- Crime Rate
- 22.00 %Unchanged by 0.00 %
Agent Activity
Reeds Rains created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Abbey Hey Primary Academy | Academy Sponsor Led | Good | 0.20 KM |
| St James' Cofe Primary School Gorton | Academy Sponsor Led | Good | 0.61 KM |
| Gorton North Sure Start Children'S Centre | Children's Centre | 0.61 KM | |
| Old Hall Drive Academy | Academy Converter | Good | 0.87 KM |
| St Clement'S Cofe Primary School | Voluntary Controlled School | Good | 0.98 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Plantation Street | £ 0 | 0 | 0.00 KM |
| Crowther Street | £ 0 | 0 | 0.00 KM |
| Alston Road | £ 0 | 0 | 0.00 KM |
| Broxwood Close | £ 0 | 0 | 0.00 KM |
| Union Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Gorton | 2962 | GTO | 0.58 KM |
| Ryder Brow | 2977 | RRB | 1.15 KM |
| Belle Vue | 2785 | BLV | 1.64 KM |
| Reddish North | 2979 | RDN | 1.92 KM |
| Fairfield | 2780 | FRF | 2.35 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Plantation Street, MANCHESTER, Lancashire, M18 | £ 200,000 | BUY | 5 / 10 | 0.12 KM |
| Wistaria Road, Abbey Hey | £ 105,000 | BUY | Unknown | 0.17 KM |
| High Bank, Gorton, Manchester | £ 200,000 | BUY | 6 / 10 | 0.17 KM |
| Rockhampton Street, Manchester | £ 165,000 | BUY | Unknown | 0.17 KM |
| Bramhall Street, Gorton, Manchester | £ 160,000 | BUY | 5 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 High Bank | £ 89,000 | 0.01 KM |
| 7 High Bank | £ 63,000 | 0.01 KM |
| 15 High Bank | £ 15,000 | 0.01 KM |
| 9 High Bank | £ 109,500 | 0.01 KM |
| 541 Abbey Hey Lane | £ 85,000 | 0.03 KM |