David Rhys says ..

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom detached house located on Leas Road in Budleigh Salterton, East Devon. It is listed at £595,000. Based on the images provided, the property appears to be in excellent condition and has been recently renovated to a high standard. The kitchen and bathrooms are modern and well-equipped. The property also benefits from a well-maintained garden. The average price for properties in the area is £565,723, with an average price per square foot of £410. Given that this property is 954.76 sqft, the expected price would be approximately £391,940. However, the list price is significantly higher. The higher list price may be justified by the property’s excellent condition, modern features, and desirable location. Further analysis would require more information on the size of plots in the area to provide a more accurate assessment of the land value. The property is located close to several primary schools, with St Peter’s Church of England Primary School being the closest at 0.83km. The proximity to good schools is a positive factor for potential buyers. There is also a railway station at Exmouth, approximately 9.97km away, providing access to public transportation. The location is likely to be considered desirable due to its proximity to amenities and schools. Taking into account the condition, location, and available land, the list price of £595,000 seems high compared to the average price per square foot in the area. However, the high-quality renovation and desirable location may justify the higher price. More information on comparable properties with similar features and plot sizes would be needed to make a definitive assessment.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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