HS Owen says ..

Property Oracle says ..

The property is a 1-bedroom apartment located in Torquay, Devon, with stunning sea views. Based on the provided information and images, here’s an analysis: Location: The apartment is situated in Tormohun, Torquay, offering proximity to the seafront and various amenities. The presence of several schools within a reasonable distance (less than 1.5km) is a positive factor for families or those considering rental income. Train stations are also within reach, enhancing the property’s accessibility. The area appears desirable, given the views and proximity to the water. Condition: The apartment appears to be in excellent condition. The images show a modern, well-maintained interior with updated fixtures and fittings. There are no visible signs of wear and tear or the need for renovation. Land: While the apartment itself is not large, it benefits from a plot size of 522.37 sqft. Although the exact nature of this land is not specified, it’s likely to include some outdoor space, potentially a balcony or patio given the sea views. Price: The list price of £190,000 is slightly below the average price of £232,484 for the area. However, the average sqft price of £255 is not helpful as the property’s sqft is not provided. Considering the apparent excellent condition of the apartment, its desirable location with stunning sea views, and the inclusion of some outdoor space, the price could be considered reasonable or even slightly below market value. Further investigation into the actual size of the apartment would provide a more definitive conclusion on the price-to-sqft ratio.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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