Absolute Sales & Lettings Ltd says ..

Property Oracle says ..

The property is a two bedroom apartment located in Wellswood, Torbay, Devon.

It is situated on Meadfoot Sea Road and has a list price of £215,000. The apartment is 543.70 sqft and sits on a plot of 783.10 sqft.

The location is excellent, offering proximity to the coast and benefiting from good local schools such as Warberry Cofe Academy and Ilsham Church Of England Academy, both rated \‘Good\’ by Ofsted. Several schools are within a 2km radius. Train stations are also within reasonable distance, with Torquay station being approximately 3.15km away.

Based on the provided images, the apartment appears to be in reasonable condition, although some modernisation would likely enhance its appeal. The kitchen and bathroom appear dated, suggesting potential for improvement. The property shows signs of wear and tear, but is not in a state of disrepair.

The apartment includes a balcony offering views. While the plot size is relatively small for a detached property, it is adequate for an apartment of this size.

Considering the average price per sqft in the area is £282, and the property is listed at £215,000 for 543.70 sqft (approximately £395 per sqft), the price seems reasonable given its condition and location. The average price for properties in the area is considerably higher (£479,898), suggesting that the list price is below average. However, this difference is likely due to the smaller size and slightly dated condition of the apartment compared to other properties in the area. Nearby comparable properties support this assessment, with some properties listed at similar prices and others significantly more expensive.

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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