Eric Lloyd & Co says ..

Property Oracle says ..

The property is a 2-bedroom apartment located on Cliff Road in Roundham, Paignton, Torbay. The apartment boasts stunning sea views, as evidenced by the provided photographs. The location is desirable, being close to Paignton town centre and the coast, offering easy access to amenities and transportation links. The proximity to Paignton railway station (1.23km) provides convenient access to rail travel. Several schools are also within a reasonable distance, including Curledge Street Academy (1.59km), which has a ‘Good’ Ofsted rating.

While the property benefits from a sea view and a seemingly good location, the interior appears dated and in need of some modernisation. The decor and fixtures throughout suggest the property would benefit from refurbishment. The kitchen and bathroom, in particular, show their age. The lack of a private garden is a notable drawback, though the communal green space visible in the photographs is a positive.

Considering the average price per square foot in the area is £263, and the property is listed at £245,000 with 575.87 sqft, this equates to approximately £426 per sqft. This is significantly higher than the average for the area, potentially reflecting the desirable location and sea views. However, given the need for modernisation, the asking price may be considered high by some buyers. The nearby comparable properties show a wide range of prices, with some significantly higher and some lower. The lack of plot size information for the comparable properties makes a precise comparison difficult. The overall value is therefore dependent on a buyer’s willingness to undertake renovations.

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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