Homewise says ..

Property Oracle says ..

This three-bedroom end-of-terrace property in Hawthorn Park, Bideford, offers a potentially suitable home for a range of buyers. The interior photographs reveal a relatively clean and well-maintained property although the furnishings and decor appear dated and a refresh may be desirable. The property boasts a modest-sized rear garden with a shed, providing a measure of outdoor space. It is noteworthy that the property is described as part of a ‘Home for Life Lifetime Lease’ scheme specifically targeting over 60s. This significantly impacts the target market. The proximity to several schools, although none with outstanding Ofsted ratings, presents a family-friendly aspect. However, the limited details concerning transportation links and access to shops and amenities prevent a definitive conclusion on the overall convenience of the location. The list price should be considered within the context of its unique ‘Lifetime Lease’ status. While the property is in average condition and its value is dependent on market fluctuations and the scheme’s intricacies. The lack of precise square footage for both the subject and nearby properties makes a definitive price-per-square-foot analysis impossible. A potential buyer should undertake thorough due diligence, encompassing a complete property survey, a clear understanding of the Lifetime Lease terms, and a broader comparative market analysis of similar properties without lease stipulations.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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