Thornley Groves says ..

Property Oracle says ..

This two-bedroom apartment in Rusholme, Manchester, is presented as an investment opportunity. Its location offers proximity to several well-regarded schools and is within reasonable distance of Manchester Piccadilly station. The apartment itself appears to be in fair condition; however, the decor seems somewhat dated and could benefit from some modernisation. The photographs show a clean and functional apartment but not particularly luxurious. A key feature is the property’s current tenancy, offering a guaranteed rental income until September 2025. The lack of information on the size of the property and the surrounding land is a drawback in this assessment. There is a small communal garden area. The list price appears to be within the range of similar properties in the area, but a definitive price per square foot comparison is lacking for accurate valuation. The property is likely to appeal primarily to investors, given the rental history and potential yield, rather than those seeking a family home. Potential buyers should factor in potential costs of modernization for increased rental value or to improve the property’s overall condition if intending to use it as a primary residence. Further research into the specifics of the leasehold agreement would also be important for potential buyers.

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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