Keller Williams Oxygen says ..

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom semi-detached house located on Court Drive in Cullompton, Devon. The list price is £275,000. The property benefits from a good location, with nearby primary and secondary schools rated ‘Good’ by Ofsted. Tiverton Parkway train station is within reasonable commuting distance. The area also shows a healthy average house price, suggesting a strong local market. Based on the provided images, the property is in need of some modernisation and updating. The kitchen and bathrooms appear dated, and several rooms show signs of wear and tear, including outdated wallpaper and flooring. While there is a garden present, its size is not specified in the provided data. Considering the average price per square foot in the area is £316 and this property is 1287.36 sqft, a reasonable estimate of the property value would be approximately £407,000. However, the list price of £275,000 is significantly lower than this estimate. This discrepancy could be attributed to the property’s condition requiring renovation. The lower price reflects the need for significant investment to bring the property up to modern standards. The property requires modernisation and renovation, which impacts its overall value. The presence of a garden is a positive aspect, although the size is unknown. The location is a key strength, with good schools and transport links nearby. The price, while significantly below the estimated value based on average sqft price, accurately reflects the need for renovation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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