Fraser & Wheeler says ..

Property Oracle says ..

The property is a one-bedroom flat located on Hatcher Street in Dawlish, Devon. The list price is £120,000, and the property is 534.97 sqft. The property appears to be in need of some modernisation. The interior photos show dated fixtures and fittings, and the walls and carpets show signs of wear and tear. The kitchen and bathroom are particularly dated. While structurally sound, a degree of updating would significantly improve the property’s overall condition and appeal to potential buyers. The location is reasonably good. Dawlish is a popular coastal town, and the property is within walking distance of local amenities and transportation links. The proximity to several schools, although varying in Ofsted ratings, provides options for families. However, the lack of a garden or outdoor space is a significant drawback, especially considering the average plot size in the area. Considering the average price per sqft in the area is £356, and this property is listed at a significantly lower price, the list price of £120,000 may seem attractive initially. However, the property’s condition and lack of outdoor space need to be factored in. Nearby comparable properties on Hatcher Street range from £136,000 to £214,000, suggesting that the list price might be at the lower end of the market value, but still reasonable considering the necessary renovations. The smaller size of this flat compared to area averages also contributes to the lower price.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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