Martin & Co says ..

Property Oracle says ..

This two-bedroom apartment in Oldham, Greater Manchester, presents itself as a potentially sound investment opportunity, particularly for buy-to-let investors. The property boasts a modern and well-maintained interior, evidenced by the provided photographs. The kitchen and living areas are open-plan, creating a spacious feel. The bedrooms are also adequately sized. The immediate proximity to several well-regarded primary schools and relative closeness to several train stations improves its desirability. The apartment complex appears well-maintained from the exterior images. The apartment benefits from having a long-standing tenant in place, providing a consistent rental income stream. However, the lack of private outdoor space and limited data on local comparable property prices in terms of square footage, combined with the fact that the overall area is not exceptionally affluent, are factors worth considering for potential buyers. The reported average price per sqft is not available in the given dataset. A thorough survey and independent valuation would provide a more comprehensive view of its worth. The presence of the current tenant should be investigated fully to ensure rental security and income is correctly reported. Overall, it appears to be a reasonable option in the context of the Oldham market but requires further due diligence.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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