Rosewood Property says ..

Property Oracle says ..

Belmont House, Silver Lane is a two bedroom apartment located in the Newtown And St Leonard’S area of Exeter, Devon. The property is listed at £175,000 and has 618 sqft of living space. The apartment is situated within easy reach of several primary schools, including Newtown Primary School (0.39km), St Sidwell’s Church of England Primary School and Nursery (0.65km), and Stoke Hill Infant and Nursery School (0.95km). There are also secondary schools nearby, though the provided data doesn’t specify distances. The proximity to these schools is a positive attribute for families. Furthermore, several railway stations are within reasonable commuting distance, offering good transport links. Based on the provided images, the apartment appears to be in good condition. The interior is clean, modern, and well-maintained. There are no obvious signs of significant repair or renovation needs. The exterior of the building also appears to be in good condition, though some minor maintenance may be required in the future. The property includes a small balcony, providing some outdoor space. While not a large garden, it still offers a valuable addition to the apartment. Considering the £175,000 list price, the average price for properties in the area is significantly higher at £379,998. The average price per sqft in the area is £395, while this property’s price per sqft is approximately £283. Given the apartment’s good condition, convenient location, and relatively small size, the list price appears to be reasonable, potentially representing good value for money, especially compared to the area average. However, the lack of sqft data for nearby properties makes a precise comparison difficult. The property benefits from being in a well-connected area with good schools and transport links, a key factor influencing its overall value. The apartment’s condition and the inclusion of a balcony further add to its appeal. The price per sqft is noticeably lower than the area average, suggesting potential value.

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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