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 %
- Est sale value
- 424,366.80 £Increased by 22.92 %
- Average area rental value
- 1,100.00 £/moDecreased by 4.18 %
- Est letting value
- 989.20 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.74 %Decreased by 15.77 %
- Crime Rate
- 88.00 %Unchanged by 0.00 %
Agent Activity
House Sales Direct created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Exeter Road Community Primary School | Foundation School | Good | 0.26 KM |
| The Beacon Church Of England (Va) Primary School | Voluntary Aided School | Good | 0.29 KM |
| Exeter Royal Academy For Deaf Education | Non-maintained Special School | Requires improvement | 0.93 KM |
| St Joseph'S Catholic Primary School, Exmouth | Academy Converter | Good | 0.97 KM |
| Exmouth Community College | Academy Converter | Requires improvement | 1.05 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| South Street | £ 0 | 0 | 0.00 KM |
| Beacon Hill | £ 0 | 0 | 0.00 KM |
| Albion Terrace | £ 200,000 | 0 | 0.00 KM |
| Bicton Villas | £ 0 | 0 | 0.00 KM |
| Southern Road | £ 425,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Exmouth | 5756 | EXM | 0.27 KM |
| Lympstone Village | 5761 | LYM | 3.69 KM |
| Starcross | 3413 | SCS | 3.94 KM |
| Dawlish Warren | 3409 | DWW | 4.17 KM |
| Lympstone Commando | 5762 | LYC | 5.58 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Parade, Exmouth, Devon, EX8 | £ 140,000 | BUY | 5 / 10 | 0.00 KM |
| The Parade, Exmouth, EX8 1RW | £ 177,500 | BUY | 6 / 10 | 0.00 KM |
| Woodbury Salterton, Exeter, Devon | £ 800,000 | BUY | 7 / 10 | 0.11 KM |
| Sheppards Row, Exmouth, EX8 1PW | £ 190,000 | BUY | 5 / 10 | 0.12 KM |
| Magnolia Walk, Exmouth | £ 220,000 | BUY | 6 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 45a The Parade | £ 175,000 | 0.08 KM |
| 49b The Parade | £ 148,750 | 0.09 KM |
| 3 Sheppards Row | £ 132,950 | 0.10 KM |
| 13a Exeter Road | £ 126,000 | 0.11 KM |
| 1 Sheppards Row | £ 175,000 | 0.11 KM |