Underhill Estate Agents says ..

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom park home located in Orchard Lakes, Winkleigh, Devon. The list price is £125,000 and the property has 527.43 sqft of living space. The plot size is 0.00 sqft.

The property appears to be in excellent condition based on the provided images. The interior is modern and well-maintained, with new flooring and fixtures. There is no evidence of wear and tear or the need for renovation.

While the plot size is listed as 0.00 sqft, the surrounding area shows significant green space, suggesting access to communal grounds or parkland. This is positive, although the lack of private land is a factor to consider.

The average house price in the area is significantly higher (£321,495) than the list price of this property. However, the average house size is also considerably larger (1,117 sqft). The average price per sqft in the area is £287, while this property is listed at a much lower price per sqft. This suggests the property may represent good value for money, considering its condition and location. However, it’s important to note that it is a park home, which may command a lower price than traditional properties. The nearby comparable properties are also park homes, and their prices are in line with the listing price of this property. The proximity to local amenities such as schools and transportation links further supports a positive assessment of the location.

Considering all factors, the property presents a potentially attractive option for buyers looking for a modern, well-maintained home in a convenient location. The lower price per sqft compared to the area average, and the excellent condition of the property, are key strengths. The lack of private land is a potential drawback, but this is offset by the access to communal green space.

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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