Douglas Avenue, Exmouth, Devon
HO

Douglas Avenue, Exmouth, Devon

By Homewise

£ 318,250

Reviews

3 out of 5 stars

Homewise says ..

Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60S could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £31...

Property Oracle says ..

This property is a two-bedroom apartment located in Exmouth, Devon, listed for £318,250. The apartment itself is presented well, with high-quality interior finishes visible in the provided images. The key feature that sets this listing apart is its access to extensive, well-maintained communal gardens and grounds, which include a decorative pond and mature landscaping. The location offers proximity to transportation, schools, and the coast, contributing to its overall appeal. The listing explicitly states that the property is part of a “Home for Life Lifetime Lease” scheme, typically targeting an older demographic. This type of arrangement means purchasing a lease rather than outright ownership of the property, and the price must be understood within the context of the terms, conditions, and potential restrictions associated with a leasehold arrangement. Prospective buyers would need to thoroughly investigate the specifics of this lifetime lease to make an informed decision. Additional details such as the length of the lease and any associated fees (service charges, ground rent) are crucial factors in evaluating the true value and affordability of this property. In the absence of this information, a complete assessment of the price-value relationship remains limited. While the presentation of the property itself is undeniably attractive, the financial commitments and limitations inherent in a leasehold structure must be carefully weighed against the advantages offered by the location and communal grounds.

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

Price
6
Condition
8
Location
7
Land
9
Bedrooms
2
Bathrooms
0
Sqft (est)
1,093.00

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
385,000.00 £
Decreased by 11.33 %
from 434,218.00 £
Est sale value
727,938.00 £
Increased by 93.60 %
from 375,992.00 £
Average area rental value
1,650.00 £/mo
Increased by 37.04 %
from 1,204.00 £/mo
Est letting value
2,186.00 £/mo
from 0.00 £/mo
Est rental Yield
5.14 %
Increased by 54.35 %
from 3.33 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Homewise created the listing.

Nearby Schools

NameTypeOfstedDistance
Exeter Royal Academy For Deaf EducationNon-maintained Special SchoolRequires improvement0.49 KM
St Joseph'S Catholic Primary School, ExmouthAcademy ConverterGood0.74 KM
The Beacon Church Of England (Va) Primary SchoolVoluntary Aided SchoolGood1.29 KM
Exeter Road Community Primary SchoolFoundation SchoolGood1.40 KM
Exmouth Community CollegeAcademy ConverterRequires improvement1.52 KM

Images

Outside Living Room Entrance Hall Bedroom Two Kitchen Kitchen Outside Rear Garden Outside Balcony Kitchen Bedroom One Living Room Bathroom Living Room Living Room

Nearby Streets

NameAverage PriceAverage SqftDistance
Admirals Court £ 119,48800.00 KM
High View Gardens £ 000.00 KM
Bicton Villas £ 000.00 KM
Albion Terrace £ 200,00000.00 KM
South Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Exmouth5756EXM1.67 KM
Dawlish Warren3409DWW4.92 KM
Lympstone Village5761LYM4.98 KM
Starcross3413SCS5.29 KM
Lympstone Commando5762LYC6.87 KM

Nearby Listings

AddressPriceTypeScoreDistance
Douglas Avenue, Exmouth, Devon £ 318,250BUY7 / 100.00 KM
Douglas Avenue, Exmouth, EX8 2BX £ 450,000BUY7 / 100.00 KM
Douglas Avenue, Exmouth, EX8 2BX £ 450,000BUY7 / 100.00 KM
Douglas Avenue, Exmouth, Devon £ 475,000BUY6 / 100.00 KM
Douglas Avenue, Exmouth, Devon, EX8 £ 325,000BUY7 / 100.03 KM

Nearby Properties

AddressPriceDistance
5 Maer Road £ 620,0000.11 KM
10a Douglas Avenue £ 650,0000.17 KM
9 Maer Road £ 565,0000.19 KM
26 Cyprus Gardens £ 207,9500.22 KM
35 Cyprus Gardens £ 165,0000.22 KM