Phillips, Smith & Dunn says ..

Property Oracle says ..

The property is a 1 bedroom, 1 bathroom apartment located in Woolacombe, North Devon. It’s situated on Beach Road, offering proximity to Woolacombe beach, as shown in the provided images. The apartment appears to be modern and well-maintained, with a contemporary kitchen and bathroom. Images show a patio area offering views of the surrounding countryside and coastline. The plot size is relatively small at 550 sqft.

The average house price in the area is significantly higher than the list price of this property, at £451,562 compared to £279,950. However, this average may be skewed by larger properties. The average price per sqft in the area is £407, while this property’s implied price per sqft (given its 570 sqft) is significantly lower. The lower price may be explained by the smaller size and plot size of the apartment compared to the average property in the area.

The nearby schools include Woolacombe School, which is very close by, and several others within a reasonable driving distance, offering a range of options for families.

Considering the modern condition of the apartment, its desirable location near the beach and local amenities, and the relatively low price per sqft compared to the area average, this property could represent good value for money, particularly for a buyer seeking a smaller, modern apartment in a prime coastal location. However, the lack of information on the property’s specific condition and the limited plot size are factors to consider.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images