John Couch The Estate Agent says ..

Property Oracle says ..

The property is a 1-bedroom flat located in Tormohun, Torbay, Devon. It is listed at £145,000 and has 523 sqft of living space. The property benefits from a small garden area.

The property appears to be in good condition. The images show a clean and well-maintained interior, with modern fitted kitchen units and a recently fitted bathroom. The exterior also appears well-maintained.

The location is good, with several primary schools within a short distance and train stations nearby. The average property price in the area is £232,484, significantly higher than the listing price of this property. However, the average property size is 909 sqft, considerably larger than this flat.

Considering the average price per sqft in the area is £255, and this property is 523 sqft, one might expect a price closer to £133,315. The listed price of £145,000 is slightly higher than this estimate, but given the good condition and convenient location near schools and transport links, the price appears reasonable. The lack of plot size may also contribute to the lower price.

Nearby comparable properties support this assessment. Several apartments and flats in the area are listed at similar prices, reflecting the market value for properties of this type and size.

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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