Martin & Co says ..

Property Oracle says ..

This five-bedroom property located on Glenthorne Road in Exeter, Devon, is marketed as a potential student investment property, although it also suits a family. Its proximity to the railway station and several schools, including Exeter College (1.23km), enhances its appeal, making it a convenient option for students and families. The property has a small garden for outdoor space.

From the images provided, the property’s condition appears to be acceptable. Some rooms appear well-maintained, modern, and renovated, while others show signs of age or use. An in-person inspection would reveal a more comprehensive picture of the condition, revealing any underlying issues.

The property’s listing price of £515,000 falls within the range of similar properties on Glenthorne Road and in the surrounding area. However, the absence of precise square footage data hinders a comprehensive comparison of the price per square foot. Comparable properties are student accommodations, with rents included in the listing information. Therefore, further analysis comparing the property value to similar houses for sale in Exeter is necessary to determine the optimal market value.

In summary, the property presents a decent investment opportunity, but requires further investigation into its condition, exact square footage, and detailed comparison with similar properties to fully assess its true value. Buyers or investors should conduct a thorough due diligence process before making a decision.

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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