Your Move says ..

Property Oracle says ..

The property is a 2-bedroom flat located in St Loyes, Exeter, Devon. The flat is part of a modern apartment building and appears to be in good condition based on the provided images. The interior is clean and well-maintained, with modern fixtures and fittings. The kitchen and bathroom are contemporary in style and the living areas are spacious. The property benefits from a balcony offering views of the surrounding area.

The location is a short distance from several highly-rated schools, including Clyst Heath Nursery and Community Primary School and St Peter’s Church of England Aided School, both rated ‘Good’ by Ofsted. There are also several train stations within a reasonable distance, providing convenient access to Exeter city centre and beyond. The immediate vicinity appears to be residential, with a mix of houses and apartments. While the specific amenities in the immediate vicinity are not detailed, the proximity to schools and transport links suggests a reasonably convenient location.

The plot size is 575 sqft, which is relatively small for a property of this type. There is no private garden visible in the provided images, although the communal grounds appear well-maintained.

Considering the average price per sqft in the area is £348 and the property is listed at £200,000 with a size of 146.40 sqft, the price per sqft is approximately £1366. This is significantly higher than the area average, suggesting the property may not represent exceptional value for money. However, factors such as the modern condition of the flat, its proximity to amenities and transport, and the lack of comparable properties with sqft data in the immediate vicinity, may justify the higher price per sqft. Further investigation into recent comparable sales in the immediate area would be beneficial in confirming the reasonableness of the asking price. Based on the provided information, the property appears to be a well-maintained, modern flat in a reasonably convenient location. However, the price per sqft is considerably higher than the area average.

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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