Pegg Estates says ..

Property Oracle says ..

The property is a 4-bedroom semi-detached house located on Cadewell Lane in the Shiphay area of Torquay, Devon. It is listed at £350,000 and has 1,075 square feet of living space. The plot size is not specified. The property benefits from being close to several highly-rated schools including Torquay Girls’ Grammar School (Outstanding) and Torquay Boys’ Grammar School (Good), both within approximately 1km. Several other primary schools are also within a reasonable distance. Good transport links are also available with several train stations within a reasonable commute. Based on the provided images, the property appears to be in generally fair condition, although some aspects suggest it could benefit from modernisation. The kitchen and bathrooms show their age and would likely require updating to meet modern standards. The carpets and some of the decor also appear dated. The garden is a good size and appears well-maintained, representing a positive aspect of the property. Compared to local average prices and nearby listings, the asking price of £350,000 seems relatively reasonable, particularly considering the property’s proximity to excellent schools. The average price for properties in the area is £374,192, and the average price per square foot is £331. While the property is smaller than the average (1,075 sqft vs 1,129 sqft), the lower asking price may compensate for this. However, the lack of information on the square footage of nearby properties makes a precise comparison difficult. The condition of the property, requiring modernisation, is a factor to consider when assessing value.

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

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