Miller Countrywide says ..

Property Oracle says ..

The property is a 2-bedroom flat located on Magdalene Road in Torquay, Devon. It’s situated in the Tormohun locality and is conveniently located near several primary schools, with Upton St James Cofe Primary School being the closest at 0.53km. Train stations such as Torre and Torquay are also within reasonable proximity, approximately 1km and 1.28km respectively.

Based on the provided images, the property appears to be in reasonably good condition. While the decor is dated and may benefit from some modernisation, there’s no visible evidence of significant structural damage or disrepair. The kitchen and bathroom seem functional, although a refresh would enhance their aesthetic appeal. The property has a small, enclosed yard, offering some outdoor space.

Considering the list price of £120,000, the average property price in the area is considerably higher at £232,484. However, the average price per square foot is £255, while this property’s implied price per square foot (£120,000 / 581.47 sqft ≈ £206.4) is lower. Nearby comparable properties on Magdalene Road have sold for significantly less, ranging from £19,950 to £107,000. The lack of plot size information makes it difficult to definitively assess the land value. However, the small yard is a positive factor.

In summary, while the property’s location is convenient and the condition is acceptable, the list price may be slightly inflated compared to recent sales of similar properties in the immediate vicinity. Further investigation into the specifics of the property’s condition and a detailed comparison with recent sales of similar properties in the area would be needed to provide a more precise valuation.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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