Amanda Ayshford Estate Agents says ..

Property Oracle says ..

The property is a 3-bedroom detached bungalow situated on Southfield Road in Paignton, Devon. It’s listed at £340,000 and has 853 sqft of living space and a 977 sqft plot. The location is reasonably good, with nearby schools such as Sacred Heart Catholic School (rated ‘Good’ by Ofsted) and Curledge Street Academy (also rated ‘Good’) within a kilometre. Paignton railway station is also conveniently located approximately 0.94km away, providing access to rail transport. The presence of these amenities contributes positively to the desirability of the area. Based on the provided images, the property appears to be in fair condition. While it is habitable, some aspects suggest a need for modernisation or updating. The carpets appear worn, and some minor cosmetic repairs might be needed (e.g., patching walls). The kitchen and bathroom, while functional, show their age and could benefit from refurbishment to enhance their appeal and value. The overall condition is not poor, but it is not modern or in excellent condition. The presence of a garage and garden adds to the property’s appeal. The plot size of 977 sqft is relatively modest, but sufficient for a bungalow of this size. The presence of a garden, albeit needing some maintenance, is a positive feature, particularly in the UK housing market where outdoor space is often sought after. Considering the list price of £340,000, the average price in the area is £288,903, and the average price per sqft is £275. This property’s price per sqft is higher than the average. However, the fact that it is a detached bungalow with a garden, in an area with relatively good schools and transport links, partially justifies the higher price per sqft. The need for some modernisation, however, could be a factor influencing buyers’ perceptions of value. A more detailed analysis of comparable properties in the immediate vicinity with similar features (size, type, condition) would be needed to determine if the list price is truly reasonable.

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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