Homewise says ..

Property Oracle says ..

This is a stylishly renovated two-bedroom apartment located in Arlington House, Teignmouth, Devon. The property boasts a modern, contemporary design with high-quality fixtures and fittings throughout. The images show a spacious, open-plan living area, a modern kitchen, and a well-appointed bathroom. The apartment’s interior is presented in excellent condition and appears ready to move into. The location is advantageous, with the nearby Teignmouth train station offering convenient access to nearby towns and cities. However, the absence of external space, such as a private garden, is a significant drawback. The property is listed as a ‘Home for Life Lifetime Lease’, targeting over 60s. This unique selling point impacts the price and target audience. Further research into other similar ‘Home for Life’ leases in the same area would provide a clearer picture of its value for money. The variation in pricing and lack of sqft information in nearby listings make a comprehensive price per sqft comparison problematic. Potential buyers should carefully consider the lifetime lease terms and associated costs before making a purchase decision. Overall, the property is attractively presented and well-located, but the lack of outdoor space and unique market positioning makes a precise property valuation challenging without additional specific information.

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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