43 Cherry Tree Rise, Finlake, Chudleigh, Newton Abbot, Devon, TQ13
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43 Cherry Tree Rise, Finlake, Chudleigh, Newton Abbot, Devon, TQ13

By Fulfords

£ 50,000

Reviews

3 out of 5 stars

Fulfords says ..

*** Guide Price £50,000 - £60,000 *** Don't miss out on this amazing opportunity to purchase a holiday lodge set in the award winning Finlake Holiday Resort which is easily accessible from the A38 and is in an excellent position to explore the beautiful South Devon countrys...

Property Oracle says ..

Location: The property is located in Finlake, Chudleigh, which is approximately 8.26 km from Newton Abbot train station. There are several primary schools within a reasonable distance, including Chudleigh Knighton Church of England Primary School (1.57 km) and Chudleigh Church of England Community Primary School (2.90 km), both rated ‘Good’ by Ofsted. The proximity to these amenities makes it a relatively convenient location for families.

Condition: Based on the provided images, the property appears to be in excellent condition. The interior is modern, clean, and well-maintained. There are no visible signs of wear and tear or damage. The kitchen and bathrooms are modern and recently updated, suggesting that the property has been well-cared for.

Land: The property has a relatively small plot size of 710.42 sqft. While there is a decked area and some surrounding lawn, it is not a large garden.

Price: The list price of £50,000 is significantly lower than the average house price in the area (£439,219) and the average price per sqft (£226). However, it’s important to note that this property is a lodge, not a traditional house, and the provided comparable properties are also lodges or caravans, which typically command lower prices. While the price is low compared to the average house price, it may be reasonable within the context of the local market for similar properties. Further investigation into the specific type of lodge and its inclusions would be beneficial to fully assess value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
10
Location
7
Land
3
Bedrooms
3
Bathrooms
2
Sqft (est)
815.15
Lot (est)
710.42

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
568,986.00 £
Increased by 89.51 %
from 300,240.00 £
Est sale value
248,620.75 £
Decreased by 13.11 %
from 286,117.65 £
Average area rental value
1,782.00 £/mo
Increased by 51.66 %
from 1,175.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 815.15 £/mo
Est rental Yield
3.76 %
Decreased by 20.00 %
from 4.70 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Fulfords created the listing.

Nearby Schools

NameTypeOfstedDistance
Chudleigh Knighton Church Of England Primary SchoolAcademy ConverterGood1.57 KM
Chudleigh Church Of England Community Primary SchoolVoluntary Controlled SchoolGood2.90 KM
Teign Valley Children'S CentreChildren's Centre2.95 KM
Hennock Community Primary SchoolAcademy ConverterGood3.43 KM
The Greater Horseshoe SchoolOther Independent Special SchoolGood3.70 KM

Images

Front of Lodge Lounge/Diner Fitted Kitchen Lounge/Diner Bedroom One Decking with Jacuzzi Bedroom Two Bedroom One En-suite Shower Room Bedroom Two Bathroom Lounge/Diner Fitted Kitchen Kitchen Area Sun Deck Area

Nearby Streets

NameAverage PriceAverage SqftDistance
B3193 £ 300,00000.00 KM
Buckingham Orchard £ 175,00000.00 KM
Meadow Bank £ 280,00000.00 KM
Langapark £ 000.00 KM
Kiln Wood Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newton Abbot3426NTA8.26 KM

Nearby Listings

AddressPriceTypeScoreDistance
43 Cherry Tree Rise, Finlake, Chudleigh, Newton Abbot, Devon, TQ13 £ 50,000BUY7 / 100.00 KM
Finlake Resort & Spa, Chudleigh, Newton Abbot £ 129,500BUY6 / 100.00 KM
TQ13 0EJ £ 220,000BUYUnknown0.00 KM
TQ13 0EJ £ 109,000BUYUnknown0.00 KM
TQ13 0EJ £ 85,000BUY7 / 100.00 KM

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20 Stokelake £ 260,0001.09 KM