Bond Oxborough Phillips says ..

Property Oracle says ..

The property is located on King Street, South Molton, Devon. It is a two-bedroom property with a plot size of 153.70 sqft and is listed for £110,000. The property appears to be in need of significant renovation. The provided photographs show the interior to be largely unfinished and requiring extensive work. There is exposed brickwork, damaged flooring, and what appears to be incomplete or removed fixtures and fittings. This suggests a low condition score. The plot size is relatively small at 153.70 sqft, indicating limited land. There is no evidence of a garden. Considering the property’s condition, the lack of land, and the need for substantial renovation, the list price of £110,000 may appear reasonable in comparison to other properties in the area that are in better condition and have more land. However, without square footage information for the subject property, and the average price per square foot for comparable properties, a definitive assessment of price value cannot be made. Nearby properties range significantly in price, from £88,000 to £390,000, highlighting the variability of the market. The proximity to schools and the town centre are positive aspects of the location.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images