Absolute Sales & Lettings Ltd says ..

Property Oracle says ..

The property is a retirement property located in Wellswood, Torbay, Devon. It is a one-bedroom, one-bathroom apartment with a plot size of 519 sqft. The list price is £250,000.

The property appears to be in good condition based on the provided images. The interior is modern and well-maintained, with updated fixtures and fittings. There is evidence of a sea view. The external areas also appear well-maintained.

The property has a small amount of land associated with it, which is typical for a retirement property in this location. The communal gardens are visible in the aerial shots.

Considering the average price of properties in the area is £479,898 and the average price per sqft is £282.00, the list price of £250,000 for this one-bedroom retirement property appears reasonable, particularly given its location and apparent good condition. However, the lack of sqft information for the subject property makes a precise price per sqft comparison impossible. The nearby comparable properties also lack sqft data, making a robust price comparison difficult. The proximity to the sea and good local amenities likely contribute to the value. The lack of information on the property’s internal dimensions makes it difficult to make a definitive statement on value for money.

The location is good, with nearby schools receiving good Ofsted ratings and multiple railway stations within a reasonable distance. The proximity to the sea adds to the desirability of the location.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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