Red Homes Estate Agents says ..

Property Oracle says ..

The property is a two-bedroom apartment located in Honiton, East Devon. It is listed at £140,000 and has a size of 651.22 sqft. The apartment appears to be in reasonable condition, although some minor cosmetic updates may be beneficial. The kitchen and bathroom are functional but could benefit from some modernisation. There is some evidence of minor damage to the ceiling in one of the bedrooms, which may require attention. The property benefits from a small amount of outside space, which is a positive feature, although the plot size is minimal. The location is reasonably convenient, with Honiton train station within a short distance. There are also several schools in the vicinity, including Honiton Primary School and Honiton Community College. However, the proximity of the property to shops and other amenities is not explicitly stated. Considering the average property price in the area is significantly higher (£318,583) and the average price per sqft is £345, the asking price of £140,000 for this 651.22 sqft apartment appears to be relatively low. However, the condition of the property and the limited plot size should be factored into any valuation. Further investigation into comparable properties in the immediate vicinity would be beneficial to determine a more accurate market value.

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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