Robert Williams says ..

Property Oracle says ..

The property is located in Stockland, Honiton, East Devon. The area has a nearby primary school, Stockland Church Of England Primary Academy, which is within 0.19km of the property. Several other primary schools are within a reasonable driving distance, including Membury Primary Academy (5.10km), Shute Community Primary School (7.20km), Upottery Primary School (7.59km), and Kilmington Primary School (7.97km). Axminster train station is approximately 9.79km away, providing a rail link.

The property itself is a detached house with 4 bedrooms and 1 bathroom, spanning 1,270.58 sqft. Images show the property is in need of modernisation. Carpets and flooring appear dated, and some cosmetic repairs are needed throughout. The kitchen and bathroom require updating. The garden is a decent size at 1,975 sqft, offering potential for landscaping.

Considering the average house price in the area is £416,406 and the average price per sqft is £242, the listed price of £550,000 for this 1,270.58 sqft property appears slightly high, particularly given its condition. However, the presence of a garden and the location within Stockland, with its proximity to a primary school and transport links, could potentially justify a higher price point than the average. The significant difference between the average price per sqft and what is being asked for this property is a concern. Further investigation into the recent sale prices of comparable properties in the immediate vicinity would be necessary to determine a more accurate valuation. Specifically, the nearby listings and properties with sqft information should be analyzed.

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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