Philip James Manchester says ..

Property Oracle says ..

This two-bedroom apartment in Springfield Court, Manchester, is marketed as a buy-to-let investment opportunity. Its location in Salford, close to Salford Central station, offers good transport links to Manchester city centre. Several schools are within walking distance, though Ofsted ratings show some variability in quality. The apartment itself, according to the provided photos, is functional but not luxurious. The kitchen and bathroom show signs of use, and the bedrooms contain significant personal belongings. While the photos do not show the entire property, the overall impression suggests a need for some updates and tidying before resale. The apartment also includes a balcony, providing some external space. The listing price of £155,000 seems relatively fair for the location and size, although a lack of precise comparable sales data in the immediate area prevents a definitive assessment of value for money. The 5-year forecast provided by Philip James highlights potential rental income and return on investment, but these projections should be viewed with caution as they are illustrative and subject to various market factors and uncertainties. The property lacks a garden or substantial private land. The provided information lacks information about the building’s amenities and condition, such as parking or maintenance, potentially affecting the long-term value of this property as an investment.

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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