HS Owen says ..

Property Oracle says ..

The property is a semi-detached bungalow located on Grosvenor Avenue in Shiphay, Torquay. It has two bedrooms and one bathroom, and a total area of 1,004.58 sqft. The list price is £285,000. The property benefits from being close to several schools, including Shiphay Learning Academy (0.53km), Torquay Boys’ Grammar School (0.81km), Sherwell Valley Primary School (0.81km), Torquay Girls’ Grammar School (0.97km), and Our Lady Of The Angels Catholic Primary School (1.28km). The proximity to these schools is a positive aspect for families. Train stations are also within reasonable distance, with Torre station being 1.86km away. Based on the provided images, the property appears to be in good condition. The interior is well-maintained and presented. The kitchen and bathroom are modern and clean. There is evidence of a well-maintained garden, which adds to the property’s appeal. The average price for properties in the area is £374,192, with an average price per sqft of £331. Considering the property’s size (1,004.58 sqft), a rough estimate of its value based on average price per sqft would be approximately £332,540. However, this is just an approximation and does not take into account other factors. The list price of £285,000 is significantly lower than the average price and average price per sqft for the area. However, the lack of plot size information prevents a more detailed analysis of the land aspect. Several nearby properties on Grosvenor Avenue are listed at higher prices, ranging from £200,500 to £450,000. This suggests that the list price of £285,000 might represent good value for money, although further investigation into the specific details of comparable properties would be beneficial. Considering the factors mentioned above, the property presents a potentially good investment opportunity, especially given its location and condition. The lower-than-average price might be explained by factors not included in this analysis, such as specific features or aspects of the property not visible in the images.

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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