Trading Places says ..

Property Oracle says ..

The property is located on Manor Avenue, Urmston, in the Trafford area of Greater Manchester. Urmston benefits from good transport links via the nearby Urmston train station, providing access to Manchester and other areas. Several primary schools are within a reasonable distance, including English Martyrs’ RC Primary School and Davyhulme Primary School, which are rated ‘Good’ and ‘Outstanding’ respectively by Ofsted. The proximity to these schools could be advantageous for families.

The property itself is a studio apartment in need of significant renovation. The provided photographs show considerable damage to the walls and floors, requiring substantial repair work. The kitchen and bathroom are also outdated and require modernisation. The property includes a garden, which appears to be relatively small but usable.

Given the condition of the property, requiring extensive renovation, coupled with its small size (222 sqft) and the lack of bedrooms, the list price of £57,995 may seem initially low. However, it’s crucial to consider that this is a studio apartment requiring significant investment before it becomes habitable. Nearby properties, while varying greatly in size and type, indicate a higher price per square foot for properties in better condition. The nearby retirement apartments, while not directly comparable, suggest a higher value for finished properties in the area. Therefore, while the price might seem low at first glance, the extensive renovation needed means the overall cost to make the property livable will likely be substantial.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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