S&S Property Group says ..

Property Oracle says ..

The property is a 1-bedroom flat located in Parkers Apartments, Corporation Street, Manchester. The flat is situated in the Piccadilly area, which is generally considered a convenient location in Manchester. The proximity to Manchester Victoria train station (0.39km) provides excellent transport links. Several schools are within a reasonable distance, although the provided data doesn’t offer details on their quality.

Based on the images, the property appears to be in good condition. The apartment is modern, clean and well-maintained, suggesting minimal need for repair or renovation. The communal areas also appear well-kept.

The property does not have a private garden or plot of land; it is a flat within an apartment building. However, there is access to a communal parking area, as seen in the images.

The list price of £120,000 is significantly lower than the average house price in the area (£323,073). However, it’s important to note that the average price is for all property types and sizes, while this property is a smaller 1-bedroom flat. Considering the average price per sqft in the area (£458) and the property’s size (271.79 sqft), a rough estimation of the expected price would be around £124,000. Therefore, the list price appears to be reasonable, potentially even slightly below the expected value given its location and condition. However, the lack of plot size is a factor to consider. The nearby comparable properties also support this conclusion, with prices ranging from £120,000 to £280,000 for similar flats.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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