Vision Properties says ..

Property Oracle says ..

This listing is for a studio apartment situated in Echo Central, Leeds City Centre. The property is marketed towards investors and cash buyers due to its estimated high rental yield of 9.3%, based on a rental value of £625 per month. The apartment itself appears modern and clean from the images, featuring a compact open-plan living space with a combined kitchen and sleeping area, alongside a small bathroom. While the images showcase a well-presented interior, lacking square footage information prevents a thorough analysis of value per square foot and whether this influences the price positively or negatively. The lack of square footage prevents a definitive analysis of the value and price reasonableness. The absence of external space, such as a private balcony or garden, is a drawback for those seeking more outdoor space. The location is relatively close to Leeds City Centre, offering convenient access to city amenities. Schools and transport links are also relatively nearby, however more detailed information regarding distance and the quality of the transportation is needed for a complete assessment. Overall, the property presents as a potentially sound investment opportunity due to its rental yield, dependent upon accurate and up-to-date assessment of market rental values for similar properties. The suitability of the property will heavily depend on the buyers’ needs and priorities. A lack of key information on the size and age of the property, however, prevents a more definitive conclusion on its overall value and suitability. The marketing appears aimed at the investor market which should be taken into account when assessing the property.

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

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