yieldit says ..

Property Oracle says ..

This listing is for a single room within St Ann’s Lodge, a private student accommodation building located in Leeds, Kirkstall, which falls under the Yorkshire and the Humber district. The property itself is a studio unit, including a small bedroom, en-suite bathroom, and access to shared kitchen and common areas. The property is marketed as an investment opportunity, emphasizing its potential for rental income. Although the listing mentions a list price of £27,000, it’s crucial to note that this price reflects a single unit within a larger complex, not a freestanding property. The nearby properties mentioned in the dataset show a wide range of prices, from £112,500 to £260,000 for houses in the area. This highlights that the listed price is significantly lower than the average for houses in the vicinity and that one should be wary of the implied price-per-square-foot calculations. Considering the proximity to higher education institutions and various amenities, the location offers convenience. The condition of the room appears adequate but not luxurious, while shared facilities might present both advantages (community feel) and disadvantages (maintenance uncertainty). The limited land associated with this property is typical of student accommodation. Therefore, while the price is notably low, investors should carefully assess the long-term return on investment, considering the specific nature of the property and potential competition from other student residences. A crucial aspect to be considered is the ongoing management of the property and the expected return provided by the management company.

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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