Urban Evolution says ..

Property Oracle says ..

The property is a studio apartment located in the Coleman’s Fireproof Depository on Park Road in Liverpool. Based on the provided information and images, the property appears to be in good condition with modern fixtures and fittings. The exposed brickwork adds character. However, the lack of outdoor space is a notable factor.

The location is reasonably convenient, with several transport links within a reasonable distance, including Brunswick and Liverpool Central train stations. There are also several schools nearby, some with outstanding Ofsted ratings. However, the immediate vicinity is not explicitly detailed.

The list price of £57,120 is significantly lower than the average house price in the area (£266,000). However, this is likely due to the property being a studio apartment and the lack of land. The relatively low price is also in line with other nearby studio apartments in the same building, which are also listed for sale at similar prices. Given the current rental market and the fact that the apartment is currently tenanted, this could represent a reasonable investment opportunity. A more detailed analysis would require knowing the size of the apartment in square feet to accurately assess the price per square foot compared to local averages.

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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