Two Bed Apt, Otter Lodge, Silver Street, Honiton, Devon, EX14
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Two Bed Apt, Otter Lodge, Silver Street, Honiton, Devon, EX14

By Greenslade Taylor Hunt

£ 350,000

Reviews

3 out of 5 stars

Greenslade Taylor Hunt says ..

Homewise Information Day Friday 21st February, 11am-4pm Join Otter Lodge at 11am for presentations on their exciting new Home for Life Plan and their moving services. RSVP GTH Honiton If you can’t make this date, just pop along any time for a chat...

Property Oracle says ..

This two-bedroom apartment at Otter Lodge in Honiton, Devon, presents as a modern and well-maintained retirement property. The property is part of a development that appears new or very recently renovated, featuring contemporary design and high-quality finishes. Images show a modern kitchen and bathroom, and a comfortable living area with both communal and private aspects. The apartment benefits from its location in Honiton, a market town with easy access to the South Western Railway line (0.57 km) and relatively good schooling options nearby, including Honiton Community College (rated ‘Good’). However, the property lacks a private garden. While there’s communal outdoor space, this will be shared with other residents. The price of £350,000 aligns with other comparable properties in the area, but potential buyers should understand that it’s a retirement property with potentially differing lease or ownership structures. The absence of clear comparative sales data, specifically in terms of price per square foot for similar properties without lifetime lease restrictions, slightly limits the definitive conclusion on value for money.

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
7
Condition
9
Location
7
Land
4
Bedrooms
2
Bathrooms
0
Sqft (est)
737.33

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
345,000.00 £
Increased by 13.42 %
from 304,176.00 £
Est sale value
176,221.87 £
Decreased by 16.14 %
from 210,139.05 £
Average area rental value
1,213.00 £/mo
Increased by 47.75 %
from 821.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
4.22 %
Increased by 30.25 %
from 3.24 %
Crime Rate
46.00 %
Unchanged by 0.00 %
from 46.00 %

Agent Activity

  • Greenslade Taylor Hunt created the listing.

Nearby Schools

NameTypeOfstedDistance
Honiton Community CollegeAcademy ConverterGood0.15 KM
Honiton Primary SchoolCommunity SchoolRequires improvement0.25 KM
Littletown Primary AcademyAcademy ConverterGood1.01 KM
Honiton & District Children'S CentreChildren's Centre1.11 KM
Awliscombe Church Of England Primary SchoolVoluntary Aided SchoolGood4.44 KM

Images

Picture No. 36 Picture No. 41 Picture No. 39 Picture No. 38 Picture No. 35 Floorplan Floorplan Floorplan Floorplan Picture No. 37 Floorplan Floorplan Floorplan Floorplan Floorplan Floorplan Picture No. 34 Picture No. 30 Picture No. 13 Picture No. 15 Picture No. 26 Picture No. 45

Nearby Streets

NameAverage PriceAverage SqftDistance
New Street £ 302,47500.00 KM
Ridgeleigh Court £ 111,25000.00 KM
Kings Gardens £ 000.00 KM
Kings Arms Cottages £ 000.00 KM
East View Cottages £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Honiton5717HON0.57 KM

Nearby Properties

AddressPriceDistance
5 Newlands £ 176,5000.12 KM
14 Newlands £ 150,0000.12 KM
15 Newlands £ 110,0000.12 KM
3 Newlands £ 190,0000.12 KM
10 Newlands £ 167,5000.12 KM