Hall & Scott says ..
Apartment in need of modernisation with stunning sea views towards Dawlish Warren. Being sold by traditional Auction in conjunction with 247 Property Auctions. AUCTION DATE - 21st November 2024 at 12:00 midday
Property Oracle says ..
This property in Exmouth, Devon, presents a unique opportunity for buyers seeking a coastal lifestyle. Situated on Morton Crescent, the apartment offers unparalleled sea views across the estuary, capturing breathtaking sunrises and sunsets. The location is a significant advantage, being just a short walk from Exmouth town centre, which offers a range of shops, restaurants, and other amenities. The proximity to Exmouth train station also ensures convenient access to other parts of Devon and beyond. Several well-regarded schools, including The Beacon Church of England Primary School, are within walking distance, making this an appealing choice for families.
While the location is undeniably strong, the apartment’s interior requires modernisation. The kitchen and bathrooms, in particular, appear dated and could benefit from a renovation. The property lacks a garden or significant outdoor space, which may be a drawback for some buyers. However, this is offset by the stunning sea views enjoyed from both the living room and bedrooms.
In terms of value, the asking price of £250,000 requires careful consideration. Comparing it to other properties in the area reveals a wide range of prices, some significantly higher for properties in better condition, or with more amenities and space. The lack of square footage data for comparable properties makes a precise comparative analysis challenging. Nevertheless, the exceptional location and the potential for value appreciation following a refurbishment make this property worthy of attention. Ultimately, prospective buyers should weigh the significant investment required for modernisation against the highly desirable location and stunning sea views.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 9
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 1,000.00
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Metrics Year-on-Year
- Average area value
- 353,125.00 £Increased by 13.69 %
- Est sale value
- 429,000.00 £Increased by 22.92 %
- Average area rental value
- 1,100.00 £/moDecreased by 4.18 %
- Est letting value
- 1,000.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.74 %Decreased by 15.77 %
- Crime Rate
- 21.00 %Unchanged by 0.00 %
Agent Activity
Hall & Scott marked this listing as sold.
Hall & Scott created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Beacon Church Of England (Va) Primary School | Voluntary Aided School | Good | 0.69 KM |
| Exeter Road Community Primary School | Foundation School | Good | 1.06 KM |
| Exeter Royal Academy For Deaf Education | Non-maintained Special School | Requires improvement | 1.42 KM |
| St Joseph'S Catholic Primary School, Exmouth | Academy Converter | Good | 1.71 KM |
| Exmouth Community College | Academy Converter | Requires improvement | 1.85 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Beacon Hill | £ 0 | 0 | 0.00 KM |
| South Street | £ 0 | 0 | 0.00 KM |
| Albion Terrace | £ 200,000 | 0 | 0.00 KM |
| Admirals Court | £ 119,488 | 0 | 0.00 KM |
| Southern Road | £ 425,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Exmouth | 5756 | EXM | 0.74 KM |
| Dawlish Warren | 3409 | DWW | 3.35 KM |
| Starcross | 3413 | SCS | 3.43 KM |
| Lympstone Village | 5761 | LYM | 3.80 KM |
| Lympstone Commando | 5762 | LYC | 5.65 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Morton Crescent, Exmouth, Devon, EX8 | £ 400,000 | BUY | 5 / 10 | 0.05 KM |
| Morton Crescent Exmouth | £ 299,950 | BUY | 7 / 10 | 0.05 KM |
| Morton Crescent, Exmouth, EX8 1BG | £ 500,000 | BUY | 5 / 10 | 0.05 KM |
| Morton Crescent, EXMOUTH | £ 128,000 | BUY | 6 / 10 | 0.05 KM |
| Morton Crescent, Exmouth, EX8 1BT | £ 180,000 | BUY | 5 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 22 Morton Crescent | £ 277,000 | 0.05 KM |
| 21c Morton Crescent | £ 170,000 | 0.05 KM |
| 22b Morton Crescent | £ 425,000 | 0.05 KM |
| 22a Morton Crescent | £ 84,950 | 0.05 KM |
| 21b Morton Crescent | £ 285,000 | 0.05 KM |