Wood's Estate Agents and Auctioneers says ..

Property Oracle says ..

The property is located in Totnes, Devon, a charming market town in the South Hams district. Totnes benefits from a mainline railway station providing links to London and other major cities, as evidenced by the proximity of Totnes railway station (Great Western Railway) at 0.60 KM. The presence of several well-regarded schools within a short distance, such as The Grove School (Outstanding Ofsted rating, 0.13 KM), further enhances its family-friendly appeal. The town itself offers a good range of amenities, including shops and places of historical interest. This contributes to a positive location score.

Based on the provided photographs, the property appears to be in generally fair condition. While it retains some original features, such as exposed stonework, it shows signs of needing some modernisation and updating. The kitchen and bathrooms appear dated and could benefit from refurbishment. The carpets also appear worn in places. While structurally sound, the property would likely benefit from cosmetic improvements to enhance its overall appeal. This suggests a moderate condition score.

The property includes a garden, albeit one that appears to require some maintenance and landscaping. While not expansive, the presence of a garden adds to the property’s desirability, particularly in a town setting. The garden’s size (1,042 sqft) is relatively modest in comparison to the average property in the area, but still offers outdoor space. This warrants a moderate land score.

The list price of £450,000 is notable when compared to the average price of £275,043 for properties in the area. However, the average size of properties in the area is 1,320 sqft, significantly larger than this property at 773.90 sqft. The average price per sqft in the area is £208.00, while this property’s price per sqft is significantly higher. While the property’s location and the inclusion of a garden contribute to its value, its condition and smaller size compared to the average property in the area might suggest that the price is on the higher end of the market. Nearby comparable properties on Leechwell Lane sold for considerably less, suggesting the asking price may be somewhat ambitious. A more thorough market analysis, including details on the properties’ conditions and features, would be necessary to provide a more precise valuation. This results in a moderate price score.

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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