MCR Move says ..

Property Oracle says ..

This property located on Mauldeth Road in Burnage, Manchester is currently listed for £250,000. It is a two-bedroom, one-bathroom property with a total area of 822.36 sqft, but with no information regarding plot size. The property appears to be in significant disrepair and requires extensive renovation. The provided photographs show significant damage to the floors, walls, and ceilings throughout the property. The images also indicate the presence of discarded materials, suggesting recent or ongoing, unfinished work.

The location, however, is a positive aspect. It benefits from proximity to Mauldeth Road train station, offering convenient public transportation links. Several highly-rated schools, including those listed as ‘Good’ and ‘Outstanding’ by Ofsted, are within a short distance, making it an appealing location for families. However, the nearby streets’ average house prices may indicate a moderate pricing range, which suggests the property’s pricing is at the middle or high end for this particular street. There’s a mixture of housing types in the area which suggests a relatively diverse community. The property requires a significant investment to improve its structural integrity and overall condition. A buyer would need to factor in a substantial renovation budget and obtain necessary planning permission before starting any work, further complicating the potential investment.

Overall, this property represents a significant project for any potential buyer. While the location offers several advantages, the considerable state of disrepair necessitates a comprehensive assessment of refurbishment costs and potential risks before making an investment decision. The absence of plot size information limits a more comprehensive property evaluation.

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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