Goodwin Fish says ..

Property Oracle says ..

This one-bedroom apartment in Manchester’s Deansgate area, situated within The Quadrangle development, presents a mixed bag of features. The location is a definite strong point. Its proximity to Manchester Oxford Road train station and the University of Manchester offers excellent accessibility and rental potential. The area itself is vibrant, with good transport links to the rest of the city. However, the apartment itself seems to be relatively small (the lack of square footage information in the listing prevents a more precise assessment), and while the provided pictures show a clean and functional space, it doesn’t appear to be particularly modern or luxurious. There is limited outdoor space, typical of inner-city apartments. The asking price of £150,000 falls below the average price of similar apartments in the building, this may be attributable to the single bedroom and smaller size. However, the fact that it comes with a tenant and achieves a fairly decent rental yield makes it a potentially solid investment opportunity, particularly for a buy-to-let investor. The absence of a detailed property survey and full specification (notably square footage) makes a full appraisal of value difficult.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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