NPP Residential says ..

Property Oracle says ..

The property is a two-bedroom, two-bathroom apartment within Victoria Mill, a converted mill building. The apartment appears to be in excellent condition, with modern fixtures and fittings, as shown in the provided photographs. The interior is bright and neutrally decorated, suggesting a recently completed renovation or refurbishment. The apartment’s size is 556.78 sqft, and it includes a 720 sqft plot. The location in Miles Platting & Newton Heath, Manchester, benefits from proximity to several schools, including Park View Community Primary School (rated ‘Good’ by Ofsted) and several children’s centres. Several train stations are within a reasonable distance, offering good transport links into Manchester city centre. However, the surrounding area’s average property prices are significantly higher than the listed price of this property. This may indicate that the property is priced competitively, or it may reflect the specific characteristics of this particular apartment within the converted mill building. Further investigation into local comparable properties would be beneficial to fully assess the price. The plot size of 720 sqft is relatively small, which is typical for apartments in converted mill buildings. It is unlikely to include a substantial garden. Considering the property’s apparent excellent condition, its convenient location with good transport links and nearby amenities, and its relatively small plot size, the list price of £249,000 appears to be reasonably priced, especially when considering the average price per sqft in the area is £505, and this property is listed at a lower price per sqft. However, the lack of information on the property estimate and the limited specifics of nearby comparable properties make a definitive conclusion on the price challenging.

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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