Northwood says ..

Property Oracle says ..

This two-bedroom mid-terrace property in Oldham, situated on Raper Street within the Waterhead area, presents a mixed bag. The listing highlights its suitability for first-time buyers and buy-to-let investors, which underscores its potential within the market. The property’s location offers reasonable access to schools and train stations in the wider area, providing advantages in terms of education and commute. However, the provided images reveal a property needing some degree of modernisation. The kitchen has clearly undergone some updating, but the rest of the house demonstrates dated interior design choices, such as carpets and wallpaper. While this property could be appealing for those looking for a project, the need for cosmetic improvements should be factored into any valuation. The small paved and overgrown backyard provides limited outdoor space. Overall, the property appears to be a sound, if somewhat dated, investment opportunity, provided that a realistic budget is allocated for necessary upgrades and renovations. The lack of crucial data like property square footage makes a full appraisal difficult, but based on the available evidence, the property appears to fall within the acceptable price range for the area and considering its condition. This would likely appeal to a buyer looking for a project or an investor targeting the buy-to-let market. The significant variation in prices among neighbouring properties on Raper Street further highlights the need for a more thorough property survey before purchasing.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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