Lomond Investment Management says ..

Property Oracle says ..

This listing is for a one-bedroom, one-bathroom apartment located in Castleview House, Runcorn, Cheshire. The apartment is situated in a relatively convenient location close to primary schools, with train stations also within reach. This suggests a degree of ease of access to education and transport links, though further details are needed about the immediate environment of Castleview House to assess its true convenience and safety. The internal photos depict a small but reasonably well-maintained apartment. The condition of the apartment is neither excellent nor exceptionally poor; it’s presented as functional but with modest décor and furnishings. The lack of a garden or any significant outdoor space is notable, as is the small size of the apartment. The listing mentions off-street parking, which would improve the value. However, the significant discrepancy between the list price and average prices in neighboring streets (significantly higher) raises concerns about whether this listing provides adequate value for money. The price could be influenced by factors like the yield offered to investors or the potential for rental income, which aren’t fully explicit in the given description. Overall, it’s a modest, conveniently located apartment suitable for investors or first-time buyers, but the high price compared to similar properties in the surrounding area necessitates thorough investigation before purchase.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images