yieldit says ..

Property Oracle says ..

The property is a studio apartment located on Jamaica Street in Liverpool. The location is within a reasonable distance of Liverpool Central train station (0.88km), suggesting good transport links. Several schools are also nearby, including St Vincent De Paul Catholic Primary School (0.31km) which has an ‘Outstanding’ Ofsted rating. This is positive for families or investors targeting the rental market. However, the provided data does not offer insights into the overall desirability of the area beyond proximity to transport and schools.

Based on the images, the property appears to be in good condition. It is a modern studio apartment with a recently fitted kitchen and bathroom. There is no evidence of significant wear and tear or the need for renovation.

The listing does not provide information regarding the plot size or the presence of a garden. Therefore, no comment can be made on the land aspect of the property.

The list price is £45,000. Given the average price of properties in the area is £260,420 and the average price per sqft is £337, the list price for this studio apartment seems significantly lower. However, without knowing the square footage of the property, a definitive conclusion on value cannot be reached. The nearby listings show studio apartments selling for between £48,000 and £50,000, suggesting the list price is in line with comparable properties. Further investigation into the size of the studio would clarify whether this is a good value property.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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