Bond Oxborough Phillips says ..

Property Oracle says ..

The property is a two-bedroom house located in Landkey, North Devon. The asking price is £300,000. Based on the provided photos, the property appears to be in reasonable condition. There is some evidence of age, but no major repairs are immediately apparent. The interior is clean and well-maintained, though the style is dated. The kitchen and bathroom appear functional and relatively clean, though an update might increase the property’s value. The property includes a garden and outbuildings, offering additional space. The size of the garden is approximately 864 sqft. The presence of a garden is a positive attribute, particularly in a rural setting. Considering the average house price in the area is £451,562, and the average price per sqft is £407, the listed price of £300,000 for this 763.96 sqft property seems relatively low. However, several factors need to be considered. The property’s age, style, and the fact that the average house size is significantly larger (1107 sqft vs 763.96 sqft) could explain the lower price. The location, while rural and scenic, may not be as desirable to all buyers as more central locations, which could also contribute to the lower price. Nearby comparable properties are priced between £220,000 and £320,000, supporting the idea that the £300,000 price is within the range of similar properties in the area. The lack of detailed information on nearby properties makes a precise price comparison difficult. The property’s location in Landkey, North Devon offers a rural lifestyle with access to nearby towns and amenities. The proximity to several primary schools, although at varying distances, is a positive aspect for families. The presence of nearby railway stations provides access to public transportation. However, the distance to these stations may be a factor for those relying heavily on public transport.

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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