Edge Lane, Droylsden
ED

Edge Lane, Droylsden

By Edward Mellor Ltd

£ 200,000

Reviews

2 out of 5 stars

Edward Mellor Ltd says ..

** THREE STOREY PROPERTY ** EXCELLENT POTENTIAL ** IDEAL FTB-BTL-FAMILY HOME & AIRBNB ** SHORT WALK TO THE METRO LINK NETWORK ** CONVERSION POTENTIAL ** 3 BEDROOMS ** BATHROOM & SHOWER ROOM ** GAS CENTRAL HEATED & DOUBLE GLAZED ** ACCESS TO MANCHESTER CITY CENTRE & THE NEW CO-O...

Property Oracle says ..

This three-bedroom terraced house in Droylsden, Greater Manchester, presents a mixed bag. While the location is positive, with good access to schools and transport links to Manchester City Centre, the condition of the property requires significant investment. The photographs reveal dated interiors and an overall need for modernisation and deep cleaning. The bathrooms, kitchen and living areas would benefit from refurbishment to enhance their functionality and appeal. Furthermore, the property lacks a significant garden.

The property’s listing price of £200,000 is in line with similar properties on Derwent Street, though the needed renovation could be a factor in the negotiations. Buyers should factor in the cost of the renovations, weighing that against the cost of purchasing a property in better condition. Buyers would benefit from a survey to determine the full extent of renovation works required and to ensure there are no underlying structural issues. Given the potential cost of improvements, the attractiveness of the location and its proximity to transport links should be carefully considered before purchase. Overall, this property offers potential for a buyer with the budget and willingness to undertake extensive renovations.

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
3
Bathrooms
2
Sqft (est)
957.56

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
411,214.00 £
Decreased by 39.25 %
from 676,899.00 £
Est sale value
463,459.04 £
Decreased by 21.81 %
from 592,729.64 £
Average area rental value
1,876.00 £/mo
Increased by 11.40 %
from 1,684.00 £/mo
Est letting value
1,915.12 £/mo
Increased by 100.00 %
from 957.56 £/mo
Est rental Yield
5.47 %
Increased by 82.94 %
from 2.99 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Edward Mellor Ltd marked this listing as sold.

  • Edward Mellor Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Seymour Road AcademyAcademy Sponsor LedGood0.43 KM
Higher Openshaw Community SchoolCommunity SchoolGood0.72 KM
Manchester Road Primary AcademyAcademy ConverterGood0.93 KM
Droylsden AcademyAcademy Sponsor LedGood1.16 KM
St Willibrord'S Rc Primary SchoolVoluntary Aided SchoolGood1.20 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Derwent Street £ 200,00000.00 KM
Bailey Street £ 84,99500.00 KM
Astan Avenue £ 180,00000.00 KM
Seymour Avenue £ 000.00 KM
Saunton Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Gorton2962GTO1.57 KM
Belle Vue2785BLV2.71 KM
Fairfield2780FRF2.74 KM
Ryder Brow2977RRB3.01 KM
Ashburys2941ABY3.24 KM

Nearby Listings

AddressPriceTypeScoreDistance
Edge lane £ 175,000BUY5 / 100.03 KM
Windsor Road, Droylsden £ 245,000BUY7 / 100.05 KM
Dawlish Avenue, Droylsden £ 240,000BUY7 / 100.13 KM
Nelson Drive, Droylsden, Manchester £ 60,000BUY6 / 100.14 KM
Dargai Street, Clayton £ 165,000BUY6 / 100.19 KM

Nearby Properties

AddressPriceDistance
342 Edge Lane £ 65,0000.01 KM
394 Edge Lane £ 76,0000.01 KM
430 Edge Lane £ 60,0000.01 KM
418 Edge Lane £ 70,0000.01 KM
408 Edge Lane £ 80,0000.01 KM