Parade, Exmouth, Devon, EX8
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Parade, Exmouth, Devon, EX8

By House Sales Direct

£ 140,000

Reviews

2 out of 5 stars

House Sales Direct says ..

This delightful apartment in Exmouth offers a unique investment opportunity, with a 7% net rental yield in a desirable coastal spot. - Available to cash buyers only!

Property Oracle says ..

This two-bedroom apartment situated on The Parade in Exmouth town centre presents a unique investment opportunity. The property benefits from a central location, within easy reach of local amenities including Exmouth train station and a number of primary and secondary schools. The apartment includes a rooftop terrace, offering a degree of outdoor space.

Images suggest the apartment is in reasonable condition, although it appears to be in need of modernisation or refurbishment. The kitchen and bathroom, in particular, appear dated and may require updating to enhance appeal. The flooring throughout appears functional.

The listing price of £140,000 seems reasonable given the location and size of the property, but additional comparative data is needed to confirm that it is exceptional value. The lack of information regarding the exact plot size, and the absence of price per sqft data in the nearby listings, makes it difficult to provide a definitive assessment of the value for money. Furthermore, the apartment’s suitability for different buyers may depend on their preferences regarding the extent of necessary renovations and the limited amount of outdoor space.

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
5
Location
7
Land
3
Bedrooms
2
Bathrooms
0
Sqft (est)
989.20

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
353,125.00 £
Increased by 13.69 %
from 310,608.00 £
Est sale value
424,366.80 £
Increased by 22.92 %
from 345,230.80 £
Average area rental value
1,100.00 £/mo
Decreased by 4.18 %
from 1,148.00 £/mo
Est letting value
989.20 £/mo
Unchanged by 0.00 %
from 989.20 £/mo
Est rental Yield
3.74 %
Decreased by 15.77 %
from 4.44 %
Crime Rate
88.00 %
Unchanged by 0.00 %
from 88.00 %

Agent Activity

  • House Sales Direct created the listing.

Nearby Schools

NameTypeOfstedDistance
Exeter Road Community Primary SchoolFoundation SchoolGood0.26 KM
The Beacon Church Of England (Va) Primary SchoolVoluntary Aided SchoolGood0.29 KM
Exeter Royal Academy For Deaf EducationNon-maintained Special SchoolRequires improvement0.93 KM
St Joseph'S Catholic Primary School, ExmouthAcademy ConverterGood0.97 KM
Exmouth Community CollegeAcademy ConverterRequires improvement1.05 KM

Images

Bedroom Bathroom Rear of Property Kitchen Living room Bedroom Kitchen Front Of Property

Nearby Streets

NameAverage PriceAverage SqftDistance
South Street £ 000.00 KM
Beacon Hill £ 000.00 KM
Albion Terrace £ 200,00000.00 KM
Bicton Villas £ 000.00 KM
Southern Road £ 425,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Exmouth5756EXM0.27 KM
Lympstone Village5761LYM3.69 KM
Starcross3413SCS3.94 KM
Dawlish Warren3409DWW4.17 KM
Lympstone Commando5762LYC5.58 KM

Nearby Listings

AddressPriceTypeScoreDistance
Parade, Exmouth, Devon, EX8 £ 140,000BUY5 / 100.00 KM
The Parade, Exmouth, EX8 1RW £ 177,500BUY6 / 100.00 KM
Woodbury Salterton, Exeter, Devon £ 800,000BUY7 / 100.11 KM
Sheppards Row, Exmouth, EX8 1PW £ 190,000BUY5 / 100.12 KM
Magnolia Walk, Exmouth £ 220,000BUY6 / 100.13 KM

Nearby Properties

AddressPriceDistance
45a The Parade £ 175,0000.08 KM
49b The Parade £ 148,7500.09 KM
3 Sheppards Row £ 132,9500.10 KM
13a Exeter Road £ 126,0000.11 KM
1 Sheppards Row £ 175,0000.11 KM