Merritt Flats, Totnes Road, Paignton
PE

Merritt Flats, Totnes Road, Paignton

By Pegg Estates

£ 80,000

Reviews

2 out of 5 stars

Pegg Estates says ..

Pegg Estates is pleased to present this top floor freehold flat, ideally suited to first-time buyers or savvy investors. Nestled in a location well-serviced by public transport links, nearby to local schools and a variety of local amenities, this property offers both convenience and comfort.

Property Oracle says ..

This property is a two-bedroom flat located on Totnes Road in Paignton, Devon. The location is convenient, with nearby schools (Hayes School and Curledge Street Academy are both rated “Good” by Ofsted) and transportation links (Paignton train station is approximately 1.17km away). However, the property itself appears to be in need of some modernisation. The images show a somewhat dated interior with simple fixtures and fittings. There is no garden. The list price of £80,000 is significantly below the average price for the area (£206,670), and also below the average price per square foot (£263.00). While this may seem like a good deal, potential buyers should factor in the likely costs of renovation and modernisation.

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

Price
8
Condition
4
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
410.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
139,650.00 £
Decreased by 39.91 %
from 232,409.00 £
Est sale value
104,960.00 £
Increased by 4.49 %
from 100,450.00 £
Average area rental value
961.00 £/mo
Increased by 5.72 %
from 909.00 £/mo
Est letting value
410.00 £/mo
from 0.00 £/mo
Est rental Yield
8.26 %
Increased by 76.12 %
from 4.69 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Pegg Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Hayes SchoolAcademy ConverterGood0.38 KM
St Michael'S Church Of England AcademyFree Schools0.47 KM
Curledge Street Children'S CentreChildren's Centre Linked Site0.67 KM
Curledge Street AcademyAcademy ConverterGood0.71 KM
Sacred Heart Catholic SchoolAcademy ConverterGood1.15 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
St. Michael's Road Rear £ 000.00 KM
Clifton Gardens £ 000.00 KM
St. Mary's Court £ 000.00 KM
Brantwood Close £ 425,00000.00 KM
York Gardens £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Paignton3427PGN1.17 KM
Torquay3434TQY4.83 KM
Torre3432TRR5.63 KM

Nearby Listings

AddressPriceTypeScoreDistance
Merritt Flats, Totnes Road, Paignton £ 70,000BUY5 / 100.00 KM
Merritt Flats, Totnes Road, Paignton £ 70,000BUY5 / 100.00 KM
Merritt Flats, Totnes Road, Paignton £ 80,000BUY5 / 100.00 KM
Merritt Flats, Totnes Road, Paignton £ 80,000BUY5 / 100.00 KM
Merritt Flats, Totnes Road, Paignton £ 65,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
128 Totnes Road £ 155,0000.05 KM
140 Totnes Road £ 320,0000.05 KM
120 Totnes Road £ 158,0000.05 KM
132 Totnes Road £ 135,0000.05 KM
3 Ebenezer Road £ 125,0000.07 KM