Old Mill Close, Exeter
CO

Old Mill Close, Exeter

By Connells

£ 240,000

Reviews

3 out of 5 stars

Connells says ..

A FIRST FLOOR 2 bedroom apartment located in the popular and sought after location of ST LEONARDS, with access through a private gate for residents only down to The Quay and walking distance to Exeter City Centre. Outside there is communal lawned areas, allocated parking space and a GARAGE.

Property Oracle says ..

The property is a 2-bedroom flat located in St David’s, Exeter, Devon. The list price is £240,000, and the property has 875 sqft of living space. The average price for properties in the area is £372,620, with an average size of 1,090 sqft and an average price per sqft of £341. The property appears to be in good condition based on the provided images. The kitchen and bathroom seem recently updated or well-maintained. There is no visible evidence of significant repairs or renovations needed. While the listing does not specify the presence of a garden, the external photos show a small shared green space. This is not a substantial garden, but does offer some outdoor space. Considering the average price per sqft in the area (£341) and the property’s size (875 sqft), a rough estimate of the property’s value would be around £298,375. The list price of £240,000 is significantly below this estimate. However, the lack of plot size information and the fact that it is a flat, compared to the larger properties used to calculate the average price per sqft, could explain the lower price. The lower price may also reflect the smaller size of the property compared to the area average. More information on comparable properties in the immediate vicinity would be needed for a more precise price assessment. The proximity to Exeter Central train station and other amenities is a positive factor. The location appears to be convenient, with several schools and transportation options within a reasonable distance. More detailed information on the quality of local schools and the specific transport links would improve the assessment of the location score.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
8
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
875.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
332,222.00 £
Decreased by 5.67 %
from 352,200.00 £
Est sale value
408,625.00 £
Increased by 26.56 %
from 322,875.00 £
Average area rental value
1,355.00 £/mo
Increased by 23.29 %
from 1,099.00 £/mo
Est letting value
875.00 £/mo
Unchanged by 0.00 %
from 875.00 £/mo
Est rental Yield
4.89 %
Increased by 30.75 %
from 3.74 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
Exeter Royal Academy For Deaf EducationSpecial Post 16 InstitutionRequires improvement0.14 KM
St Leonard'S (Cofe) Primary School (Vc)Academy Converter0.32 KM
Atkinson Secure Children'S HomeSecure Units0.69 KM
Magdalen Court SchoolOther Independent Special SchoolRequires improvement0.88 KM
The Maynard SchoolOther Independent School0.92 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Pitts Court £ 000.00 KM
Dunley Mews £ 000.00 KM
Haden Walk £ 000.00 KM
Hippisley Road £ 000.00 KM
Winsor Avenue £ 250,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Exeter Central5755EXC1.67 KM
Exeter St Thomas3414EXT1.69 KM
St James Park (Exeter)5751SJP1.82 KM
Exeter St David'S3410EXD2.69 KM
Polsloe Bridge3422POL3.02 KM

Nearby Listings

AddressPriceTypeScoreDistance
Old Mill Close, Exeter £ 240,000BUY6 / 100.00 KM
Old Mill Close, St Leonards, Exeter £ 240,000BUY5 / 100.00 KM
Trews Weir Mill, Exeter £ 275,000BUY6 / 100.00 KM
Old Mill Close, Exeter, Devon, EX2 £ 385,000BUYUnknown0.04 KM
St. Leonards, Exeter £ 300,000BUY7 / 100.07 KM

Nearby Properties

AddressPriceDistance
2 Old Mill Close £ 460,0000.00 KM
1 Old Mill Close £ 500,0000.00 KM
7 Old Mill Close £ 552,0000.00 KM
2 Trews Weir Court £ 550,0000.17 KM
5 Trews Weir Court £ 300,0000.17 KM