Savills says ..

Property Oracle says ..

This property is a substantial equestrian facility located in Bishopsteignton, Devon. The location offers a tranquil setting with views of the surrounding countryside, while remaining within reasonable distance of Teignmouth and Newton Abbot, providing access to amenities and transport links. The proximity to Bishopsteignton School, rated ‘Good’ by Ofsted, is a positive attribute for families.

The property itself appears to be in excellent condition, with modern fixtures and fittings throughout. The images showcase a well-maintained interior and exterior, including a swimming pool, tennis court, and extensive grounds. The size of the property, at 5,711 sqft, is significantly larger than the average for the area (1,004 sqft), suggesting ample living space. The large plot size of 9,093 sqft further enhances its appeal.

The list price of £2,500,000 is considerably higher than the average house price in the area (£357,857). However, this is an equestrian facility, a unique property type not reflected in the average price per sqft (£356). Considering the size, condition, and the inclusion of extensive grounds and leisure facilities, the price may be justifiable within the context of the luxury property market and the specialized nature of the property. The lack of comparable properties in the immediate vicinity makes a precise price comparison challenging.

The property benefits from ample land, including extensive gardens and equestrian facilities. This is a significant advantage, particularly for those seeking a property with privacy and outdoor space. The inclusion of a swimming pool, tennis court and hot tub further enhances the property’s appeal.

Based on the above analysis, this property presents a unique offering in the market. The exceptional condition, large size, extensive grounds and desirable location all contribute to its overall value. The high price reflects the rarity and desirability of such a property.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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