Pennys says ..

Property Oracle says ..

The property is a 1-bedroom flat located in Exmouth, East Devon. The list price is £149,950, and the property has 507.88 sqft of living space. The average price for properties in the area is significantly higher at £397,395, with an average price per sqft of £372. This suggests that the property may be underpriced compared to the local market average. However, it is important to note that the average price and price per sqft are based on properties that are likely larger and potentially of a different type than the subject property. The lack of plot size information for the subject property prevents a full analysis of land value. The images show a flat that appears to be in good condition. The interior is modern and well-maintained. There is no evidence of the property needing renovation. The location is within reasonable proximity to several schools, with the closest being Exeter Road Community Primary School (rated ‘Good’ by Ofsted) and Exmouth Community College (rated ‘Requires Improvement’). The property’s proximity to Exmouth train station is also a positive attribute, providing convenient access to transportation links. In summary, while the property is smaller and lacks a garden, the price point appears reasonable given the condition, location, and proximity to amenities. The lower price may be due to the smaller size and lack of outdoor space compared to the average property in the area.

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