The listing price of £125,000 for a studio apartment in a prime Manchester location seems relatively reasonable, but it is not exceptional value. While the location commands a premium, the lack of square footage and absence of outdoor space needs to be considered. Nearby comparable properties show a higher price per square foot, but they also usually offer more amenities, such as additional bedrooms and parking. The price may reflect the value of the location and modern condition rather than exceptionally low cost per square foot.

Based on the provided images, the property appears to be in good, modern condition. The apartment is clean, and the finishes seem contemporary. However, it is a small studio apartment and this may be considered a negative for some potential buyers. The kitchen and bathroom are well-maintained, indicating recent refurbishment. There is no evidence of significant damage or disrepair, though it is a small property with limited space.

The property is located in a central Manchester location on Princess Street, close to Deansgate. This area benefits from excellent transport links, including proximity to Manchester Piccadilly and Oxford Road train stations. The presence of several universities and colleges nearby also indicates a potentially high demand for rental properties, boosting its investment potential. The vibrant city centre location offers easy access to amenities, shops, restaurants and cultural attractions.

The property is a studio apartment and does not include a garden or any significant outdoor space. This is typical for city centre apartments. The lack of outdoor space is a substantial drawback for those seeking a garden.