Fox & Sons says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom end-of-terrace house located on Periton Lane in Minehead, Somerset. The list price is £199,950, and the property has a plot size of 935.38 sqft. The average house price in the area is significantly higher at £374,994, with an average price per sqft of £293.00. However, the average sqft for the area is 1277 sqft, significantly larger than the 10,064.26 sqft of this property. This discrepancy requires further investigation to determine if the sqft figure is accurate. The property appears to be a period property, showing traditional features such as exposed beams and a stone fireplace. However, it is in need of some modernisation and updating. The carpets appear worn, and the kitchen and bathroom look dated. The garden is present but requires attention and maintenance. The location is in a residential area, with several schools within a reasonable distance. The proximity to schools such as St Michael’s Church of England First School (rated ‘Good’) and Foxes Academy (rated ‘Outstanding’) could be considered a positive aspect for families. However, information on nearby transportation links is missing. Considering the property’s condition, the relatively small plot size, and the need for modernisation, the list price of £199,950 may appear reasonable compared to some of the lower priced nearby properties, but higher than others. However, without more precise information on the property’s actual square footage and a detailed comparison to similar properties in the area, a definitive assessment of its value for money is difficult. Further investigation into comparable properties sold recently in the area is needed to confirm if the price is competitive.

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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