Homepalms House, Torquay
PE

Homepalms House, Torquay

By Pegg Estates

£ 70,000

Reviews

2 out of 5 stars

Pegg Estates says ..

This comfortable retirement home, a flat for sale, is a perfect blend of convenience and comfort. The property is in good condition, offering a warm and inviting living space that is sure to meet your needs. NO ONWARD CHAIN

Property Oracle says ..

This one-bedroom apartment in Torquay, located in the Tormohun area, presents a potentially viable option for buyers seeking a convenient location and affordable price point. The property’s proximity to the town centre, seafront, schools, and railway stations makes it an attractive prospect for those seeking easy access to amenities and transportation. The apartment itself appears to be in generally good condition but could benefit from some modernisation, particularly in the kitchen and bathroom. The pink carpeting and dated decor are noticeable. The lack of a private garden is a drawback, although shared green space is a positive. The list price of £70,000 appears competitive when compared to other similar properties in the area, though a more detailed analysis of comparable properties, including their condition and size, would be required to make a definitive judgment on value for money. Overall, the property is a suitable option for first-time buyers, investors seeking a rental property, or those looking for a retirement apartment in a central location. However, potential buyers should be prepared for some updating and should undertake a thorough inspection before making a purchase decision. The absence of precise square footage data for the nearby properties makes a precise price-per-square-foot comparison impossible.

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

Price
7
Condition
6
Location
7
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
674.57

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
294,333.00 £
Increased by 15.16 %
from 255,576.00 £
Est sale value
219,235.25 £
Increased by 27.45 %
from 172,015.35 £
Average area rental value
802.00 £/mo
Decreased by 15.22 %
from 946.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.27 %
Decreased by 26.35 %
from 4.44 %
Crime Rate
46.00 %
Unchanged by 0.00 %
from 46.00 %

Agent Activity

  • Pegg Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Upton St James Cofe Primary SchoolAcademy ConverterGood0.66 KM
Cockington Primary SchoolAcademy ConverterGood0.75 KM
Cockington Children'S CentreChildren's Centre Linked Site0.76 KM
Torre Church Of England AcademyAcademy ConverterGood0.86 KM
Eat That Frog C.I.CSpecial Post 16 InstitutionGood1.02 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Maxwell Court £ 000.00 KM
Lansdowne Lane £ 550,00000.00 KM
St. Vincent's Road £ 142,75000.00 KM
St. Katherines Road £ 000.00 KM
Arthington £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Torre3432TRR0.84 KM
Torquay3434TQY1.21 KM
Paignton3427PGN4.96 KM
Newton Abbot3426NTA9.29 KM
Teignmouth3430TGM9.85 KM

Nearby Listings

AddressPriceTypeScoreDistance
Homepalms House, Torquay £ 70,000BUY5 / 100.00 KM
Homepalms House, Torquay £ 54,500BUY5 / 100.00 KM
Brunswick Square, Torquay £ 70,000BUY5 / 100.01 KM
Homepalms House, Torquay £ 60,000BUY6 / 100.02 KM
Torquay £ 375,000BUY5 / 100.04 KM

Nearby Properties

AddressPriceDistance
5 South Street £ 121,0000.12 KM
7 South Street £ 92,0000.12 KM
3 South Street £ 27,5000.12 KM
9 South Street £ 110,0000.12 KM
18 Brunswick Terrace £ 95,0000.13 KM