Manning Stainton says ..

Property Oracle says ..

The property is a 2-bedroom apartment in Roundhay, Leeds, listed at £215,000. Roundhay is a desirable area known for its green spaces and good schools. The proximity to several schools with “Good” or “Outstanding” Ofsted ratings is a significant positive. Transportation links to Leeds city centre are also reasonably accessible, although the distance to the nearest train stations is several kilometers.

The apartment itself appears to be in good condition based on the images. The kitchen and bathroom have been recently updated, showing modern fixtures and fittings. There is evidence of a small, paved area at the front of the property, but no garden is visible.

Considering the average price per square foot in the area is £386, and this property is 833.10 sqft, a rough estimate of its value would be around £321,700. However, the list price is significantly lower at £215,000. This suggests the property may be underpriced, potentially due to factors not immediately apparent from the provided data, such as the lack of a garden or specific aspects of the building’s structure or leasehold details. Further investigation into the specifics of the property and its leasehold status would be beneficial to fully assess its value.

The nearby property sales data shows a range of prices, with some properties exceeding £400,000. However, there are also examples of lower-priced properties, suggesting some variability in pricing within the area. The lack of sqft data for these comparable properties makes a precise comparison difficult.

In summary, while the location and condition of the apartment are positive aspects, the lack of outdoor space and the significant difference between the list price and the estimated value based on average price per sqft require further investigation before a definitive conclusion can be drawn.

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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