Amanda Ayshford Estate Agents says ..

Property Oracle says ..

This property is a 1-bedroom, 1-bathroom retirement property located in Polsham Park, Paignton, Devon. The property is listed at £110,000 and has 498.39 sqft of living space and a 499.00 sqft plot. The property appears to be in good condition based on the provided images. The interior is clean, well-maintained, and modern. There is no visible evidence of significant damage or needed repairs. The communal areas, including the gardens and parking, are also well-maintained. The property’s location in Paignton, Devon, is convenient, with nearby transportation links (Paignton train station is 0.43 km away) and several schools within a short distance. The proximity to these amenities makes it an attractive location for retirees. However, the average house price in the area is significantly higher (£206,670) than the asking price of this property. While the property itself is relatively small (498.39 sqft), it includes access to communal gardens and parking, which adds to its value. The plot size of 499.00 sqft is approximately equal to the living space and suggests a relatively small garden area. Considering the property’s condition, location, and size, the list price of £110,000 appears to be reasonable, especially when compared to other nearby properties which are listed at a much higher price. However, it is significantly below the average price for the area. This could be due to the property being a retirement property or its smaller size compared to the average. Further investigation into comparable retirement properties in the area would be needed to definitively assess the price.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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