John Lake Estate Agents says ..

Property Oracle says ..

The property is a two-bedroom apartment located in Tormohun, Torquay, Devon. The apartment is situated in a block, and from the images provided, it appears to be in need of some modernisation. The décor is dated, and the carpets and wallpaper look worn. The kitchen and bathroom also appear to be quite tired. The location is good, with nearby schools rated ‘Good’ by Ofsted and train stations within a reasonable distance. The area also benefits from the proximity of Torre Abbey. However, there is a lack of information on local amenities and the overall atmosphere of the neighbourhood which would be needed for a more comprehensive assessment of the location. The property has a small amount of communal outside space, but there is no private garden. The plot size is 607 sqft, which is relatively small. Considering the average price per square foot in the area is £255, and the apartment is listed at £129,950 for 56.40 sqft, the price seems high compared to the average. This is especially true given the condition of the property which would require modernisation. The average price for properties in the area is considerably higher, but those properties are likely larger and in better condition. The nearby comparable properties support this assessment, with similar-sized properties selling for significantly more. However, it is important to note that the square footage for the comparable properties is not provided, making a direct price comparison difficult.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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