Homelace House, Honiton
RE

Homelace House, Honiton

By Red Homes Estate Agents

£ 75,000

Reviews

3 out of 5 stars

Red Homes Estate Agents says ..

Red Homes Estate Agents are delighted to be marketing this redesigned apartment (formerly a two bedroom).

Property Oracle says ..

This property is a retirement property located in Honiton, Devon. The property itself is a 2 bedroom, 1 bathroom apartment with a total area of 453.70 sqft. Based on the images provided the property appears to be in good condition and well maintained. The apartment is part of a larger complex which offers communal facilities including a laundry room and communal garden. The location is convenient, with nearby transportation links and schools. However, the list price of £75,000 is significantly lower than the average price for the area, which is £297,585. This suggests that the property may be undervalued, potentially due to its size or the fact that it is a retirement property. More information on comparable properties would be helpful to determine a more accurate valuation.

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
6
Condition
8
Location
7
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
453.70
Lot (est)
615.10

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
322,500.00 £
Increased by 7.16 %
from 300,948.00 £
Est sale value
158,341.30 £
Increased by 28.31 %
from 123,406.40 £
Average area rental value
850.00 £/mo
Decreased by 16.58 %
from 1,019.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.16 %
Decreased by 22.17 %
from 4.06 %
Crime Rate
51.00 %
Unchanged by 0.00 %
from 51.00 %

Agent Activity

  • Red Homes Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Honiton Community CollegeAcademy ConverterGood0.39 KM
Honiton Primary SchoolCommunity SchoolRequires improvement0.49 KM
Littletown Primary AcademyAcademy ConverterGood0.71 KM
Honiton & District Children'S CentreChildren's Centre0.81 KM
Farway Church Of England Primary SchoolVoluntary Aided SchoolGood4.40 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Kings Gardens £ 000.00 KM
Ridgeleigh Court £ 111,25000.00 KM
Bonds Cottages £ 000.00 KM
New Street £ 302,47500.00 KM
Kings Arms Cottages £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Honiton5717HON0.41 KM

Nearby Listings

AddressPriceTypeScoreDistance
Homelace House, Honiton £ 75,000BUY6 / 100.00 KM
Homelace House, King Street, Honiton, Devon £ 87,000BUY6 / 100.00 KM
King Street, HONITON, Devon, EX14 £ 80,000BUY6 / 100.01 KM
King Street, Honiton, Devon £ 145,000BUY5 / 100.02 KM
King Street, Honiton, Devon, EX14 £ 150,000BUY5 / 100.02 KM

Nearby Properties

AddressPriceDistance
Chiltern Cottage £ 142,5000.06 KM
11 King Street £ 154,0000.06 KM
7 King Street £ 130,0000.06 KM
3 King Street £ 205,0000.06 KM
5 King Street £ 220,0000.06 KM