Purplebricks says ..

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom apartment located in Ancoats & Beswick, Manchester. Ancoats is a popular and trendy area, known for its regenerated industrial architecture, independent businesses, and proximity to the city centre. The apartment itself appears to be in good condition, with modern fixtures and fittings. The exposed brickwork is a stylish feature, characteristic of the area’s industrial heritage. The images show a well-maintained property with a contemporary interior. The apartment benefits from a communal outside space, which although not a private garden, provides a pleasant amenity. Considering the average price per square foot in the area is £321, and this apartment is 955.51 sqft, a rough estimate of its value would be around £306,781. The list price of £400,000 is significantly higher than this estimate. However, the nearby listings show apartments selling for considerably more, suggesting that the list price, while high compared to the average, might be reasonable within the context of the local market. The higher prices of nearby properties could be due to factors such as size, specific features, or views, which are not detailed in the provided data. The lack of sqft information for the nearby listings prevents a more precise price comparison. The property’s location scores highly due to its proximity to Manchester city centre, excellent transport links (Manchester Piccadilly is within walking distance), and several highly-rated schools. The condition of the property appears to be excellent based on the images. The communal outdoor space provides an added benefit. The price, while higher than the average for the area, is more in line with other similarly located properties, suggesting it could be a fair reflection of the current market value, although more detailed information on the comparable properties would be needed to confirm this.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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