John Lake Estate Agents says ..

Property Oracle says ..

The property is a 1-bedroom flat located at 2a Claire Court, Higher Erith Road, Wellswood, Torquay, Devon, TQ1 2PR. It is listed for £95,000 and has a size of 339 sqft. The property benefits from a small, shared garden area.

The property appears to be in reasonable condition, although some minor cosmetic updates might enhance its appeal. The kitchen and bathroom appear dated but functional. The flooring throughout seems to be in good condition. There is no obvious evidence of significant structural issues.

The location in Wellswood, Torquay is generally considered desirable. The proximity to several schools rated ‘Good’ by Ofsted is a positive aspect for families or investors. The distance to Torquay train station (3.58km) provides reasonable access to public transport.

Considering the average price per sqft in the area is £282, and this property is listed at a price that is significantly lower than the average for the area, the list price of £95,000 for this 339 sqft flat might appear initially attractive. However, the significantly lower price may reflect the smaller size of the property and its dated condition, which would require some modernisation. The lack of dedicated private outdoor space, despite the shared garden area, might also influence the overall value. Nearby comparable properties on Higher Erith Road range from £100,000 to £190,000, indicating that the list price is at the lower end of the market value.

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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