Marchand Petit says ..

Property Oracle says ..

Location: Totnes is a desirable market town in Devon, known for its independent shops, historic character, and proximity to the countryside. The property’s location on Alexandra Terrace places it within walking distance of Totnes town centre and its amenities. The presence of several highly-rated schools within a short distance further enhances its appeal to families. The proximity to the Great Western Railway station provides convenient access to other parts of the UK. This makes the location score high.

Condition: The property appears to be well-maintained and in good condition. The images show a clean and updated interior with modern fixtures and fittings in the kitchen and bathrooms. While some traditional features are retained, there is no visible evidence of significant wear and tear or the need for extensive renovations.

Land: The property includes a garden, which adds to its appeal and value. The size of the plot (1,675.20 sq ft) is reasonable for a terraced house in Totnes, providing outdoor space for relaxation and enjoyment.

Price: The list price of £650,000 is significantly higher than the average house price in Totnes (£275,043). However, the property is larger than average (1,257 sq ft compared to 1,320 sq ft average), and boasts five bedrooms and two bathrooms. While the average price per square foot in the area is £208, the lack of sqft data for comparable properties makes a precise price-per-sqft comparison difficult. Considering the property’s location, condition, and the presence of a garden, the list price is at the higher end of the market but not unreasonable given the desirable features and location. Nearby comparable properties, while limited in data, suggest prices ranging from £330,000 to over £685,000 for terraced houses in Totnes. Therefore, the price is likely competitive within its specific market segment.

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

Images