Chamberlains says ..

Property Oracle says ..

Moretonhampstead is a small town in Devon, with a population of around 2,000 people. The property’s proximity to Moretonhampstead Primary School (0.51 KM) is a positive aspect for families. While other schools are further away, their presence within a reasonable distance still adds to the area’s appeal. The lack of nearby transportation information prevents a more comprehensive evaluation of the location’s accessibility. The property shows signs of needing significant renovation. Many rooms display outdated decor, worn carpets, and some areas exhibit signs of damp or water damage. The kitchen appears to be more recently updated than the rest of the house. Overall, the property is not in excellent condition and requires substantial work. The property includes a sizable garden, as evidenced by the aerial and ground-level photos. The garden appears established with mature plants and features, suggesting ample outdoor space. The presence of a greenhouse is an additional positive feature. The list price of £585,000 is significantly higher than the average house price in the area (£357,857). Considering the property’s need for substantial renovation, the price per square foot (£356.00) is also higher than average, despite the included land. The higher price may be justified by the property’s size and the desirable location, but the necessary renovations must be factored into a potential buyer’s overall cost. Nearby comparable properties, while limited in provided square footage data, suggest a potential overvaluation.

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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