Butt Estates says ..

Property Oracle says ..

Regents Park, Exeter is located in the Heavitree area of Exeter, Devon. The property is a large house with 15 bedrooms and 7 bathrooms, spanning 1,332.03 square feet on a 1,832.02 square foot plot. The list price is £1,000,000. The property benefits from a good location, being close to local amenities, schools (including several with outstanding Ofsted ratings), and public transport links. The proximity to the Royal Devon & Exeter Hospital is also a significant advantage. The average house price in the area is considerably lower at £374,211, and the average price per square foot is £356. Based on the provided photographs, the property appears to be in generally good condition, although some minor cosmetic updates might enhance its presentation. The property also has a sizeable garden, which is a desirable feature. Considering the size, location, and amenities, the list price of £1,000,000 seems high compared to the average house price in the area. However, the property’s size (15 bedrooms and 7 bathrooms) and the inclusion of a garden significantly differentiate it from the average property in the area. The high number of bedrooms suggests the property may be suitable for a variety of uses, such as a large family home, a HMO, or even a small hotel, which could justify the higher price. A more detailed financial analysis, taking into account potential rental income or other uses, would be required to fully assess the value for money.

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

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