Charles Darrow says ..

Property Oracle says ..

This listing is for a block of apartments located in Park View Apartments, Exeter, Devon. The property’s location in St Thomas offers a convenient balance between suburban tranquility and easy access to Exeter city centre. Several nearby schools, rated ‘Good’ or ‘Outstanding’ by Ofsted, are an attractive feature for families. The proximity to Exeter St Thomas train station ensures convenient commuter links.

The condition of the apartments appears to be satisfactory. The exterior of the building looks well-maintained from the provided photographs. However, the provided interior photos reveal that the level of upkeep differs between the individual units, with some being tidier or more recently refurbished than others. Potential buyers should carefully examine the condition of each individual apartment before committing to a purchase.

The property benefits from some communal garden space. Individual apartments have either a balcony or access to small patio areas. The amount of external space is relatively limited considering the overall price point.

The pricing of £1,000,000 for the entire block is the main area of concern. The comparative data highlights significant discrepancies between the listed price and the average prices of other nearby properties. While the absence of key information makes a precise comparison challenging, the price per square foot should be provided for each unit to fully assess this point. Potential buyers should undertake independent valuations to determine if the asking price accurately reflects the market value and potential rental income.

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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