Pegg Estates says ..

Property Oracle says ..

The property is located in Cockington With Chelston, Torbay, Devon. Cockington is a desirable area known for its picturesque village setting and proximity to the coast. The presence of several well-regarded primary schools within a reasonable distance (Preston Primary School, Cockington Primary School, Sherwell Valley Primary School) is a positive factor for families. Train stations are also within a reasonable distance, providing convenient access to other parts of Devon and beyond. The average house price in the area is around £400,551, providing context for the listing price.

Based on the provided images, the property appears to be in need of significant renovation. The interior features dated fixtures, worn carpets and wallpaper, and some evidence of damp or mold. The exterior, while showing a garden, also appears to require some landscaping and maintenance. A comprehensive renovation would be necessary to bring the property up to modern standards.

The property includes a garden, as shown in the provided images. The size of the garden is noted as 1,009.70 sqft, which is a decent size for a property in this area.

Given the condition of the property, the need for extensive renovation, and the average property price in the area, the list price of £399,950 seems reasonable, but perhaps slightly on the higher side. While the location is desirable, the significant renovation needed will likely impact the perceived value for many potential buyers. A more accurate assessment of the price would require a detailed survey and cost estimate for the necessary renovations.

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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