Edward Mellor Ltd says ..

Property Oracle says ..

This 2-bedroom ground floor flat located in Stephen Walk, Offerton, Stockport, is marketed as a buy-to-let opportunity. The property is presented as a relatively low-maintenance option, which appeals to those seeking a steady rental income.

The flat itself appears clean and well-maintained from the provided images, although some interior decor may benefit from updates. The kitchen and bathroom appear functional, although not especially modern. The overall condition of the property is acceptable but minor upgrades or cosmetic changes could improve the perceived value and marketability for potential buyers.

The location offers several positive aspects, with nearby schools rated ‘Good’ and ‘Outstanding’ by Ofsted, and convenient access to transportation links to Stockport and Manchester. However, the property lacks a private garden, with its outdoor space being restricted to a communal green area.

In terms of pricing, the asking price of £130,000 warrants consideration. Comparative data for similar properties in the vicinity is limited in terms of accurate pricing data. Taking into account the nearby average house prices, and average property size, the listed price could potentially represent reasonable value, particularly for investors interested in rental potential due to the presence of a sitting tenant. A comprehensive property valuation would however, be recommended by a suitably qualified professional for an ultimate determination of value.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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