Banks Lane, Offerton
ED

Banks Lane, Offerton

By Edward Mellor Ltd

£ 180,000

Reviews

2 out of 5 stars

Edward Mellor Ltd says ..

Attention FIRST TIME BUYERS! This end terraced property is brimming with POTENTIAL, boasting a UNQIUE layout, beautiful period features and an excellent location within residential Offerton. Viewing is HIGHLY recommended to appreciate all this home has to offer!The layout briefly compri...

Property Oracle says ..

This one-bedroom terraced house located on Banks Lane in Offerton, Stockport presents a mixed bag of features for prospective buyers. The property boasts a desirable location close to highly-rated primary schools (Banks Lane Infant and Junior Schools), and its proximity to Stockport offers access to transportation, shops, and other amenities. The train station is roughly 1.8-3km away depending on which station is chosen. The property also features a small rear garden and a detached garage.

However, the property’s condition requires attention. While the exterior appears well-maintained, the interior shows its age. The decor is dated and could benefit from a complete renovation to meet modern standards. Specifically, the garage appears to be a cluttered work space and the garden needs tidying. The kitchen and bathroom are functional but are also dated. The property contains some original features which are unique and charming, including the ornate fireplace. The size of the property is an advantage for a first time buyer or a small family.

The property’s list price of £180,000 appears to be in line with comparable properties in the area, although the need for renovation work may affect its appeal to some buyers. It would be useful to compare the size to other comparable properties to confirm the price is fair. The final price will likely depend on the potential buyers and what they are prepared to pay. Overall, the property offers potential but requires significant investment to reach its full potential.

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
7
Condition
5
Location
7
Land
4
Bedrooms
1
Bathrooms
1
Sqft (est)
1,136.00

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
376,936.00 £
Increased by 1.71 %
from 370,600.00 £
Est sale value
406,688.00 £
Increased by 18.15 %
from 344,208.00 £
Average area rental value
1,412.00 £/mo
Increased by 13.87 %
from 1,240.00 £/mo
Est letting value
1,136.00 £/mo
Unchanged by 0.00 %
from 1,136.00 £/mo
Est rental Yield
4.50 %
Increased by 11.94 %
from 4.02 %
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
Banks Lane Infant SchoolCommunity SchoolOutstanding0.47 KM
Banks Lane Junior SchoolCommunity SchoolGood0.47 KM
Aquinas CollegeFurther EducationGood1.09 KM
Stockport SchoolCommunity SchoolGood1.21 KM
Vernon Park Primary SchoolCommunity SchoolOutstanding1.47 KM

Images

A.jpg 66 Banks-2-min.jpg B.jpg C.jpg D.jpg F.jpg FF.jpg FFF.jpg E.jpg G.jpg I.jpg H.jpg J.jpg K.jpg L.jpg M.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Harold Street £ 205,00000.00 KM
Maplecroft £ 000.00 KM
Garth Road £ 270,00000.00 KM
Williams Avenue £ 325,00000.00 KM
Henry Street £ 220,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Woodsmoor2773WSR1.81 KM
Davenport2770DVN2.10 KM
Stockport2771SPT2.82 KM
Hazel Grove2768HAZ3.24 KM
Brinnington2603BNT3.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
Banks Lane, Offerton £ 180,000BUY5 / 100.00 KM
Banks Lane, Stockport, SK1 4JX £ 190,000BUY6 / 100.01 KM
Banks Lane, Offerton, Stockport, Cheshire, SK1 £ 280,000BUY6 / 100.04 KM
Harold Street, Offerton, Stockport £ 210,000BUYUnknown0.13 KM
Firwood Close, Offerton, SK2 £ 260,000BUYUnknown0.22 KM

Nearby Properties

AddressPriceDistance
87 Banks Lane £ 215,0000.03 KM
62 Banks Lane £ 120,0000.03 KM
95 Banks Lane £ 112,5000.03 KM
66 Banks Lane £ 89,0000.05 KM
74 Banks Lane £ 165,0000.05 KM