Nell Lane, Manchester, Greater Manchester, M21
RE

Nell Lane, Manchester, Greater Manchester, M21

By Redwing

£ 86,000

Reviews

2 out of 5 stars

Redwing says ..

*** 40% SHARED OWNERSHIP***Redwing are delighted to offer for sale this spacious two bed apartment. Highly sought after residential development in the ever-popular area of Chorlton. The property sits in a prime location, within range of amenities and transport links into Manchester city centre an...

Property Oracle says ..

This listing presents a two-bedroom apartment located in Chorlton Park, Manchester, listed at £86,000. The property is situated in a relatively convenient location, with nearby schools receiving good Ofsted ratings and transport links to Manchester city centre. The apartment itself, based on the images, seems to be in satisfactory condition, with a modern kitchen and bathroom. The interior decor is neutral and functional. However, it is important to note that the listing explicitly mentions “40% SHARED OWNERSHIP,” which drastically alters its market valuation. The extremely low price might raise concerns of hidden costs or specific shared ownership restrictions which have not been included in the information provided. Further investigation into the shared ownership scheme is essential to ascertain the full financial implications of purchasing this property. The lack of garden space is a typical limitation of apartment living. Overall, potential buyers should proceed with caution, carefully considering the implications of shared ownership and conducting a thorough property survey before making an offer.

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

Price
6
Condition
7
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
730.00

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
315,500.00 £
Decreased by 23.05 %
from 410,016.00 £
Est sale value
374,490.00 £
Increased by 29.22 %
from 289,810.00 £
Average area rental value
1,397.00 £/mo
Decreased by 1.41 %
from 1,417.00 £/mo
Est letting value
1,460.00 £/mo
Increased by 100.00 %
from 730.00 £/mo
Est rental Yield
5.31 %
Increased by 27.95 %
from 4.15 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Redwing marked this listing as sold.

  • Redwing created the listing.

Nearby Schools

NameTypeOfstedDistance
Loreto High School ChorltonVoluntary Aided SchoolGood0.11 KM
Chs SouthFree Schools0.49 KM
Chorlton High SchoolAcademy ConverterGood0.52 KM
Chorlton Park PrimaryAcademy Converter0.96 KM
Chorlton Park Sure Start Children'S CentreChildren's Centre1.01 KM

Images

Picture No. 13 Picture No. 05 Picture No. 08 Picture No. 01 Picture No. 03 Picture No. 07 Picture No. 06 Picture No. 04 Picture No. 02 Picture No. 09

Nearby Streets

NameAverage PriceAverage SqftDistance
Buckthorn Close £ 86,00000.00 KM
Vaughan Road £ 000.00 KM
Derwent Close £ 000.00 KM
Dawlish Road £ 550,00000.00 KM
Waterside Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester United Football Ground2996MUF4.59 KM
Deansgate2963DGT4.71 KM
Manchester Oxford Road2966MCO5.03 KM
East Didsbury2949EDY5.08 KM
Burnage2945BNA5.21 KM

Nearby Listings

AddressPriceTypeScoreDistance
Nell Lane, Manchester, Greater Manchester, M21 £ 112,500BUY6 / 100.00 KM
Arrowfield Road, Chorlton £ 325,000BUY7 / 100.05 KM
Nell Lane, Chorlton £ 395,000BUY7 / 100.11 KM
Nell Lane, Manchester, Greater Manchester, M21 £ 220,000BUY6 / 100.15 KM
Nell Lane, Manchester, Greater Manchester, M21 £ 187,500BUY6 / 100.16 KM

Nearby Properties

AddressPriceDistance
6 Pinetop Close £ 120,0000.08 KM
4 Pinetop Close £ 245,0000.08 KM
5 Pinetop Close £ 160,0000.08 KM
86 Nell Lane £ 227,2900.15 KM
130 Nell Lane £ 200,0000.15 KM