Gordon & Rumsby says ..

Property Oracle says ..

The property is a 3 bedroom chalet bungalow located in Seaton, East Devon. The listing states it’s in need of some modernisation but is clean and tidy. It benefits from driveway parking, front and back gardens, double glazing, and gas central heating. The property’s location in Seaton appears desirable, given its proximity to Seaton Primary School (0.51 km), an outstandingly rated school according to the provided data. Other schools are also within a reasonable distance, suggesting family-friendly amenities. The presence of front and back gardens is a positive aspect, adding to the property’s appeal. Based on the images, the property’s condition appears to be fair. While clean, it shows signs of needing modernisation. The flooring, particularly in the living areas, shows wear and tear, and the kitchen and bathrooms appear dated. The overall condition is not poor, but significant updating would likely enhance its value. The list price of £355,000 is slightly higher than the average price of £295,868 for the area. However, considering the property’s size (1279 sqft) and the average price per sqft of £301, a price in the region of £385,000 might be expected. The list price therefore represents a potential saving for buyers, although the need for modernisation should be factored into any offer. The lack of sqft information for comparable properties makes a precise price comparison difficult. However, the listed properties in the vicinity show prices ranging from £200,000 to £325,000, placing the subject property at the higher end of the spectrum. This suggests the price may be slightly inflated, but not unreasonably so given the presence of the garden and the potential for increased value post-refurbishment.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images