Redferns says ..

Property Oracle says ..

This four-bedroom detached house in Doriam Close, Exeter, presents a compelling opportunity for buyers seeking a property with considerable potential. The property’s most significant strengths lie in its location within a desirable residential area of Exeter and its expansive garden with stunning views. The relatively close proximity to railway stations and highly rated schools (such as Stoke Hill Infant and Nursery school and Exeter Mathematics school, both rated as outstanding), further enhances the property’s appeal.

However, potential buyers should be aware that the property requires significant modernization and renovation. The current interior finish is outdated, and updating the kitchen and bathrooms would be essential to bring the property up to contemporary standards. While the large garden is a plus, the images show it needing some maintenance. The current carpet throughout is worn and outdated. The overall condition is reflected in the need for significant updates, which may influence the final purchase price and renovation budgets.

The list price of £650,000 needs to be carefully evaluated in light of the required renovations. A thorough inspection and costings for renovations should be undertaken before making an offer to ensure a fair and accurate pricing. A detailed comparison with other comparable properties on Doriam Close and nearby streets, such as Culverland Close and Highcroft, with emphasis on their condition and property features would aid in a comprehensive assessment of its market value. In addition more comprehensive information regarding the property plot size and the square footage of comparable properties is also recommended to support property valuation

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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