yieldit says ..

Property Oracle says ..

This listing presents a studio apartment located at Landcross House, Landcross Road, Fallowfield, Manchester, currently listed at £80,000. The property is marketed as an investment opportunity, highlighting its potential for rental income, generating an impressive NET return. The images reveal a modern, compact studio with a small kitchen, bathroom, and living area. The condition is acceptable but not exceptional. While showing no signs of major damage, the apartment could benefit from some minor cosmetic improvements. The lack of specified square footage makes it challenging to definitively assess value per square foot and determine the extent of the actual living space. The property’s location in Fallowfield offers access to various amenities, including schools and transportation links. However, it’s unclear whether it’s situated in a particularly desirable area within Fallowfield. The nearby presence of schools, such as St James’ Cofe Primary School (rated as ‘good’), is a positive aspect. Public transport options exist but require some travel from the property. In summary, this studio apartment represents a potential investment opportunity in a decent location in Fallowfield, but further information about the exact size and detailed condition of the property is needed to reach a more comprehensive assessment of its value. The current listing price seems generally reasonable in the context of similar properties in the area but is difficult to evaluate accurately without more precise details on size. This could be a worthwhile investment opportunity for buyers looking for a rental income, but a careful on-site inspection is strongly recommended.

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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