Morweth Court, Downderry
SE

Morweth Court, Downderry

By Seasons Estate Agents Ltd

£ 170,000

Reviews

2 out of 5 stars

Seasons Estate Agents Ltd says ..

Nestled in the seaside village of Downderry, conveniently located between Plymouth and Looe, this 2 bedroom first floor apartment with balcony is currently a successful holiday let. Enjoy easy access to the beach, designated parking, central heating, and the added benefit of no chain.

Property Oracle says ..

This 2-bedroom apartment in Morweth Court, Downderry, Cornwall, is presented as a successful holiday let, suggesting a potentially strong rental income stream. The apartment features two bedrooms, one bathroom, and a small balcony. The property’s condition is fair; it seems reasonably well-maintained inside, with a modern kitchen and bathroom, but exterior elements like the stairs could use some attention. The lack of information regarding the square footage for this property and other properties in the area makes it difficult to assess the price definitively. However, considering similar apartments in the area, the asking price of £170,000 seems within the range for the area, provided potential buyers are comfortable with the property’s current state and limited outdoor space. The nearby primary school and proximity to Looe and its amenities, including transport links, contribute to the desirability of the location. However, the apartment’s limited land, including no garden, is a key factor that may affect buyer appeal. The successful history as a holiday let may be an appealing factor for many potential investors looking for a rental property.

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
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
352.73

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
566,481.00 £
Increased by 51.93 %
from 372,865.00 £
Est sale value
130,510.10 £
Decreased by 2.89 %
from 134,390.13 £
Average area rental value
821.00 £/mo
Decreased by 1.20 %
from 831.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
1.74 %
Decreased by 34.83 %
from 2.67 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Seasons Estate Agents Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
St Nicolas' Cofe Va School, DownderryAcademy Sponsor LedGood0.90 KM
Trenode Cofe Va Primary AcademyAcademy Sponsor Led6.64 KM
St Germans Primary SchoolCommunity SchoolGood7.19 KM
Looe Primary AcademyAcademy Sponsor LedGood8.36 KM
Looe Children'S CentreChildren's Centre Linked Site8.59 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Top Road £ 508,75000.00 KM

Nearby Transport

NameNLCTLCDistance
St Germans3586SGM7.78 KM
Menheniot3576MEN7.98 KM
Looe3574LOO9.31 KM

Nearby Listings

AddressPriceTypeScoreDistance
Morweth Court, Downderry, Cornwall, PL11 £ 185,000BUY7 / 100.03 KM
Morweth Court Trerieve, Torpoint, PL11 £ 155,000BUY7 / 100.05 KM
Trerieve, TORPOINT, Cornwall, PL11 £ 130,000BUY5 / 100.05 KM
Downderry £ 200,000BUY7 / 100.06 KM
Trerieve, TORPOINT, Cornwall, PL11 £ 165,000BUY6 / 100.11 KM

Nearby Properties

AddressPriceDistance
15 Morweth Court £ 105,0000.06 KM
3 Morweth Court £ 146,0000.06 KM
2 Morweth Court £ 107,5000.06 KM
19 Morweth Court £ 106,0000.06 KM
31 Morweth Court £ 184,0000.06 KM