Redferns says ..

Property Oracle says ..

The property is a 1-bedroom flat located in Sidmouth, East Devon. The list price is £87,000. The average price for properties in the area is significantly higher at £453,196, with an average price per square foot of £388. However, this average is likely skewed by larger properties, as this flat is only 533.89 sqft. Considering the images provided, the property appears to be in reasonable condition, although some updating or modernisation would likely enhance its appeal. The bathroom, in particular, shows its age and could benefit from refurbishment. The carpets also appear worn. The kitchen appears functional but dated. There is evidence of a communal garden area which is a positive aspect. The location in Sidmouth appears desirable, with several schools within a reasonable distance. The proximity to these schools is a positive factor for families or those looking for a property near educational facilities. However, information on nearby transportation links is lacking. Given the relatively low price of £87,000 compared to the area average, and considering the property’s size and apparent condition, the price could be considered reasonable, especially for a first-time buyer or investor looking for a property that requires some modernisation. However, the lack of plot size is a significant drawback.

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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