Bradleys says ..

Property Oracle says ..

This two-bedroom, two-bathroom apartment located on Marine Parade in Shaldon, Devon, presents a mixed bag of opportunities and challenges for potential buyers. The property’s key strength lies in its enviable location. Shaldon is a picturesque coastal village with stunning views of the Teign Estuary and easy access to the beach and local amenities. The apartment’s position on Marine Parade ensures excellent sea views, a highly sought-after feature in this area. The proximity to Teignmouth train station also provides convenient transport links.

However, the property’s condition is a significant factor to consider. The provided images reveal that the apartment is in need of substantial modernisation and renovation. The kitchen and bathrooms are dated, and the overall finish appears tired. Potential buyers should budget for significant refurbishment costs to bring the property up to a desirable standard. The lack of any outdoor space is another notable drawback, typical of apartment living, but a point to note for buyers seeking a garden.

In terms of pricing, the £250,000 asking price appears relatively reasonable when considering the location and the scarcity of properties in Shaldon, particularly those with sea views. However, the necessary renovations need to be factored into the overall cost. Therefore, while the location is a major selling point, the condition of the property and the lack of land should be carefully weighed against the asking price. A thorough survey is essential before committing to a purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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