RW Invest says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom apartment located in the City Centre of Manchester, in the Deansgate area. The apartment is 470 sqft and is listed at £199,950. The location is excellent, being in Manchester City Centre, close to Deansgate. The area benefits from numerous transport links, including Manchester Oxford Road train station (0.34km), Deansgate train station (0.76km), and Manchester Piccadilly (1.60km). Several highly-rated schools are also within a reasonable distance, such as St Philip’s Church of England Primary School (0.39km) and The Manchester Metropolitan University (0.58km). This contributes to a high location score. Based on the images provided, the property appears to be in excellent condition. The apartment is modern and well-presented, with a contemporary kitchen and bathroom. There is no evidence of wear and tear or the need for renovation. This suggests a high condition score. The property does not appear to have any outdoor space, such as a garden or balcony, resulting in a low land score. Considering the list price of £199,950, the average price for similar properties in the area is £306,296, and the average price per sqft is £403. The subject property is priced significantly below the average, despite its excellent condition and central location. The lack of outdoor space might account for some of this price difference, however, the price per sqft (£425.43) is still below average. This indicates that the property may represent good value for money, thus suggesting a high price score.

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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