Stags says ..

Property Oracle says ..

The property is located in Musbury, East Devon, which benefits from being close to Musbury Primary School (0.26 KM), rated \‘Good\’ by Ofsted. Other schools within a reasonable distance include Kilmington Primary School (3.13 KM), rated \‘Outstanding\’, and several others. The proximity to Axminster (4.43 KM) provides access to South Western Railway services, enhancing connectivity. While the immediate vicinity details are limited, the presence of nearby schools and transport links suggests a reasonably convenient location.

Based on the provided images, the property appears to be in need of significant renovation. The interior shows dated fixtures, worn carpets, and requires updating throughout. The kitchen and bathrooms are particularly outdated. The exterior, while showing some character, also displays signs of needing attention.

The property includes a small, enclosed rear yard/garden area. While not extensive, the presence of a garden adds to the property’s appeal.

The list price of £350,000 seems high considering the property’s condition and size (1,052 sqft). The average price per sqft in the area is £159, but the average property size is significantly larger (3,230 sqft). Given the necessary renovations, the property is likely undervalued compared to modern properties in the area, but the price may still be considered high relative to its current condition and the smaller plot size (1,304 sqft). The nearby comparable properties show a range of prices, with some significantly lower than the list price, further highlighting the need for significant investment.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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