Pure Investor says ..

Property Oracle says ..

The property is a 1-bedroom flat located in Hulme, Manchester, with a list price of £145,000. The location is reasonably good, with several primary schools and train stations within a reasonable distance. However, the area’s average house price is significantly higher than the list price of this property. Based on the images, the property appears to be in excellent condition. It is modern, with a contemporary design and fixtures. There is no visible evidence of wear and tear or the need for renovation. The property has no land associated with it. Considering the property’s size, condition, and location, the list price appears to be relatively low compared to the average price per sqft in the area. However, the average property size in the area is significantly larger. The lower price may reflect the smaller size of the property or the specific location within Hulme. Nearby comparable properties show a wide range of prices, with some significantly higher, suggesting potential undervaluation. Further investigation into the specific reasons for the lower price would be beneficial.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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