Nexmove says ..

Property Oracle says ..

The property is a one-bedroom apartment located in Teignmouth, Devon. The apartment is listed at £90,000 and has a floor area of 515.87 sqft and a plot size of 553 sqft. The location is central and close to local amenities. The proximity to Teignmouth train station (0.54km) provides convenient access to transportation links. Several schools are within a reasonable distance, including Teignmouth Community School (0.82km), Trinity School (0.87km), and Hazeldown School (1.44km). The presence of these amenities contributes positively to the desirability of the location. Based on the provided images, the property appears to be in need of some modernisation and updating. The kitchen and bathroom show signs of wear and tear, and the overall décor is dated. The property would benefit from refurbishment to enhance its overall condition and appeal. While the plot size is relatively small at 553 sqft, it’s unlikely to include a significant garden area. The description mentions it is an apartment, so a garden is not expected. Considering the list price of £90,000, the average price in the area is significantly higher at £399,225, and the average price per sqft is £401. This suggests that the property is priced considerably lower than the average for the area. However, the significantly lower price is likely reflective of the property’s condition and the need for modernisation. The need for renovation works should be factored into any potential purchase price. Nearby comparable properties on Barnpark Terrace have sold for prices ranging from £75,000 to £310,000, indicating a wide range of values on the street. This variation likely reflects the differences in size, condition, and specific features of individual units.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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