Francis Louis says ..
A fantastic investment property comprising 11 fully occupied flats, generating a net income of £93,200.03. Additionally, there exists promising development potential, allowing for the extension of the main building or construction of a mews house in the garden (subject to planning permission). St...
Property Oracle says ..
The property is located on Old Tiverton Road in Exeter, Devon. It is a BUY type property with 11 bedrooms and 11 bathrooms, and a total area of 5,279 sqft. The plot size is 3,246.80 sqft. The list price is £1,000,000. The average house price in the area is £418,459, with an average size of 1,145 sqft and an average price per sqft of £365. Given the property’s size and the number of bedrooms and bathrooms, it is significantly larger than the average property in the area. The property benefits from being within close proximity to several schools, including Stoke Hill Infant and Nursery School (Outstanding Ofsted rating) and Stoke Hill Junior School (Good Ofsted rating), both within a kilometer. Several other schools are also nearby. The location also offers convenient access to several Great Western Railway stations, with St James Park station being the closest at 0.64 KM. Based on the provided images, the property appears to be a period property in need of some modernisation. While it has character, some areas seem dated and could benefit from renovation. The garden is visible in the images and appears to be of a reasonable size. Considering the large size of the property (5,279 sqft) compared to the average in the area (1,145 sqft), its location near schools and transportation, and the presence of a garden, the list price of £1,000,000 warrants further investigation. While the property needs some renovations, the price per sqft should be analyzed in comparison to other similar properties in the area to determine if it represents good value. More information on comparable properties is needed to make a definitive judgment on the price.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 5
- Condition
- 6
- Location
- 8
- Land
- 7
- Bedrooms
- 11
- Bathrooms
- 11
- Sqft (est)
- 5,279.00
- Lot (est)
- 3,246.80
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 299,286.00 £Decreased by 21.29 %
- Est sale value
- 1,763,186.00 £Decreased by 11.87 %
- Average area rental value
- 1,472.00 £/moIncreased by 20.75 %
- Est letting value
- 5,279.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.90 %Increased by 53.25 %
- Crime Rate
- 1.00 %Unchanged by 0.00 %
Agent Activity
Francis Louis created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Stoke Hill Infant And Nursery School | Community School | Outstanding | 0.44 KM |
| Stoke Hill Junior School | Community School | Good | 0.62 KM |
| St Sidwell'S Church Of England Primary School And Nursery | Voluntary Aided School | Good | 0.98 KM |
| Newtown Primary School | Community School | Requires improvement | 0.99 KM |
| Ladysmith Junior School | Community School | Good | 1.11 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Culverland Close | £ 550,000 | 0 | 0.00 KM |
| Exon Mews | £ 0 | 0 | 0.00 KM |
| Beech Avenue | £ 0 | 0 | 0.00 KM |
| Kings Road | £ 0 | 0 | 0.00 KM |
| St James' Close | £ 275,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| St James Park (Exeter) | 5751 | SJP | 0.64 KM |
| Polsloe Bridge | 3422 | POL | 1.72 KM |
| Exeter Central | 5755 | EXC | 1.99 KM |
| Exeter St David'S | 3410 | EXD | 2.94 KM |
| Exeter St Thomas | 3414 | EXT | 3.07 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Old Tiverton Road, Exeter | £ 1,000,000 | BUY | 6 / 10 | 0.00 KM |
| Union Road, Exeter, EX4 | £ 625,000 | BUY | Unknown | 0.06 KM |
| Old Tiverton Road, St James | £ 440,000 | BUY | 6 / 10 | 0.08 KM |
| Old Tiverton Road | £ 675,000 | BUY | 5 / 10 | 0.08 KM |
| Old Tiverton Road, Exeter | £ 760,000 | BUY | 6 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 61 Old Tiverton Road | £ 65,000 | 0.07 KM |
| 77 Old Tiverton Road | £ 82,500 | 0.07 KM |
| 59 Old Tiverton Road | £ 290,000 | 0.07 KM |
| 70 Old Tiverton Road | £ 110,000 | 0.07 KM |
| 47 Old Tiverton Road | £ 390,000 | 0.07 KM |