Given the size of the apartment (1396 sq ft) and the location in Fairfield, Liverpool, the list price of £120,000 appears reasonably priced for a four-bedroom apartment, particularly when considering nearby comparable properties. However, the needed repairs and updates would negatively impact the overall value for money. The absence of private land lowers the potential resale value.

The property appears to be in fair condition, but needs significant modernization and updating. While structurally sound, many rooms show dated finishes, including flooring, wallpaper and fixtures. The bathrooms and kitchen require renovation to be brought up to modern standards. The overall feel is one of an apartment that is habitable but far from luxurious or even well-maintained. It would require investment to improve its aesthetic appeal.

The property is situated in Fairfield, Liverpool, which benefits from its proximity to good schools like Phoenix Primary School and St. Sebastian’s Catholic Primary School, both within a reasonable distance. Furthermore, the location offers relatively easy access to public transportation, with several train stations within a few kilometers radius. The presence of Liverpool Shopping Park adds to the convenience of the location. However, the immediate surroundings of the property itself, based on the image provided, seem to be a residential block lacking the charm of more desirable areas. This limits the overall location score.

The property is an apartment with virtually no private land. There is a shared communal area visible in the photographs, but this is minimal, and does not offer a private outdoor space such as a garden. Therefore, a low score is appropriate.