Fox & Sons says ..

Property Oracle says ..

This four-bedroom mid-terrace house located on Market Terrace in Tiverton, Devon, presents a mixed bag of opportunities and challenges for potential buyers. The property is situated in a desirable area, close to several well-regarded primary and secondary schools (Castle Primary School, Heathcoat Primary School, Tiverton High School) making it an attractive proposition for families. The nearby Crown Walk street boasts a significantly higher average house price, suggesting good potential for capital appreciation. The town centre location offers convenient access to local amenities. However, information regarding nearby transportation is limited.

Internally, the property requires some modernisation. The provided photographs depict several rooms needing cosmetic upgrades, from dated flooring to simple repainting. While the existing fixtures and fittings seem functional, a significant investment will be required to bring the property to a contemporary standard. The kitchen is reasonably well equipped but shows its age. The bathroom needs updating as well. The small enclosed rear garden area is a significant drawback, offering limited outdoor space.

The list price of £175,000 seems reasonable in comparison to some other similar properties in the local area, but the lack of precise square footage information makes a thorough comparative analysis difficult. The overall property presents a viable investment opportunity, especially for those willing to undertake renovations, and the location is a significant positive aspect. Potential buyers should carefully weigh the costs of necessary improvements against the potential resale value and rental yield before committing to a purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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