@ThePlace says ..

Property Oracle says ..

This two-bedroom terraced house in Offerton, Stockport, presents a mixed bag of characteristics. Its strong point is undoubtedly its location. The proximity to highly-rated primary and secondary schools, with both ‘Outstanding’ Ofsted ratings within a short walk, is a significant advantage for families and investors. Offerton itself provides good access to local amenities, and the nearby train stations offer connections to broader transport networks.

However, the property’s condition is a factor to consider. The provided photographs suggest it needs some updating and modernisation. The kitchen and bathroom appear dated and could benefit from refurbishment. The garden, while present, is quite small and somewhat unkempt. The internal photographs show some clutter, which could affect a prospective buyer’s initial impression. The inclusion of a long-term tenant, though, is beneficial for investors seeking rental income.

Determining the value is complex without precise square footage data for comparable properties. However, based on the surrounding areas and listed prices of similar properties, the current price does not seem excessively overpriced. It should be noted that this property is currently tenanted which could significantly affect its market value for certain types of buyers. A survey and potential update costs should be factored into any purchase decision.

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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