Peter Anthony says ..

Property Oracle says ..

This studio apartment on Egerton Road, Fallowfield, Manchester, presents a mixed bag of pros and cons. The location is favourable, situated near several schools and transport links, potentially making it attractive for students or young professionals. The surrounding area also seems relatively quiet and residential. However, the property is undeniably in need of a comprehensive refurbishment. The images reveal dated decor, worn flooring, and old kitchen and bathroom fittings, which would require substantial financial input. The lack of private outdoor space and the small size also need to be taken into consideration. The current list price reflects the property’s condition and location; however, buyers should factor in the cost of renovations which could significantly affect the overall investment value. This would appeal more to investors planning a complete renovation to maximise rental income or buyers seeking a project to develop, rather than immediate occupancy. The absence of specific plot size further reduces a clear picture of the property’s worth. Potential buyers need to conduct a thorough inspection and obtain professional valuations to make an informed decision.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images