McHugh & Co says ..

Property Oracle says ..

This three-bedroom terraced house in Bolton, Greater Manchester, is currently listed at £70,000. The property is in need of complete renovation. The images reveal significant damage and deterioration throughout. Walls and ceilings require repair and repainting, flooring needs replacement, and the kitchen and bathroom are extremely dated and require a full refit. The small rear garden is overgrown and littered.

The location in Breightmet offers proximity to several schools and train stations, but information about the immediate access to amenities is lacking. The average property prices in nearby streets vary significantly, suggesting a diverse range of housing stock in the vicinity. Nearby properties, though not directly comparable in terms of size or condition, are generally priced lower than the list price of this property, suggesting that despite the condition of the property and the need for significant investment, the list price is not unreasonable.

Overall, this property presents a significant undertaking for any prospective buyer. While the price may appear initially attractive, the substantial costs associated with renovation and the uncertainty of the area’s desirability should be considered carefully. A thorough survey and investigation into the area’s local amenities are vital before making an offer.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images