VZ Properties says ..

Property Oracle says ..

The property is a two-bedroom apartment located in Salford, within the Blackfriars & Trinity locality. The apartment is part of a modern development, Exchange Point, and benefits from a range of amenities including a gym and communal areas. Based on the provided photographs, the apartment appears to be in excellent condition, with modern fixtures and fittings throughout. The kitchen and bathroom are contemporary and well-maintained. The flooring is new and the overall presentation is very clean and well presented.

The location is a key strength. Salford Quays is a vibrant area with excellent transport links, including proximity to several train stations such as Manchester Victoria and Salford Central. The presence of nearby schools, although their Ofsted ratings aren’t specified, further enhances the desirability of the area for families.

The lack of plot size information prevents a conclusive assessment of the land aspect. However, given that it’s an apartment, the absence of a private garden is expected.

Considering the list price of £260,000, the average price in the area is £308,777 and the average price per square foot is £435. The subject property’s size of 750 square feet suggests a value of approximately £326,250 (£435 x 750). While the list price is below the average price for the area, it aligns reasonably well with the estimated value based on the average price per square foot, considering the property’s modern condition and desirable location. The lower list price may be a result of market conditions or specific features of the apartment. More information regarding comparable properties in the immediate vicinity would allow for a more precise pricing evaluation.

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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