Fraser & Wheeler says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat located in Oxton, Devon. The flat is situated within Oxton House, a larger property with extensive grounds. The images show the flat to be in good condition with a modern kitchen and bathroom. The living area features original features such as the fireplace and wooden flooring. The property also benefits from a private garden area.

Considering the average price per square foot in the area is £356, and this property is listed at £160,000 with 584.48 sqft, the price per sqft is approximately £274. This suggests the property may be underpriced compared to the local average. However, several factors need to be considered. The average property size in the area is significantly larger (1004 sqft vs 584 sqft), and the nearby properties show a range of prices, with some significantly higher and some lower than the list price. The proximity to railway stations and schools is a positive aspect of the location, contributing to its desirability. The size of the garden, while present, is relatively small compared to some other properties in the area. The property’s condition appears to be good, with no obvious signs of needing renovation.

Based on the provided information, the property presents a reasonable value proposition, although a comprehensive survey would be recommended to confirm the condition and any potential issues. The location is advantageous due to its proximity to transport links and schools, and the property itself is presented in good order. However, the smaller size compared to the average in the area and the limited plot size should be considered.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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