South Molton Street, Chulmleigh, EX18
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South Molton Street, Chulmleigh, EX18

By Helmores

£ 185,000

Reviews

2 out of 5 stars

Helmores says ..

A gorgeous, character cottage close to amenities with 3 double bedrooms, ample living spaces and ready to move in to.

Property Oracle says ..

This three-bedroom, two-bathroom property located on South Molton Street in Chulmleigh, North Devon presents a charming and well-presented interior, but also highlights some concerns. The property seems well-maintained, with tasteful décor and a functional layout that is family-friendly, suitable for various lifestyles. The property’s location in Chulmleigh offers advantages like proximity to schools (Chulmleigh Community College and Chulmleigh Primary School rated ‘Good’ and ‘Requires Improvement’ respectively) and train stations. However, the lack of land is a significant factor affecting this property’s overall appeal. The absence of a garden or outdoor space could be a major drawback for many buyers. Additionally, the asking price of £185,000 warrants further scrutiny, given that similar properties in the area are priced between £150,000 to £375,000, indicating potential overvaluation, particularly considering the property’s lack of land. A comprehensive survey and valuation are recommended to confirm the property’s structural condition and to verify the accuracy of the asking price. Potential buyers need to weigh the property’s advantages (location, interior condition, amenities) against its disadvantages (lack of land and potentially high price). Potential buyers should be prepared to negotiate and compare the property with comparable listings before making an offer.

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
6
Condition
7
Location
7
Land
1
Bedrooms
3
Bathrooms
2
Sqft (est)
1,277.68

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
661,000.00 £
Increased by 29.29 %
from 511,241.00 £
Est sale value
692,502.56 £
Increased by 47.28 %
from 470,186.24 £
Average area rental value
2,410.00 £/mo
Increased by 120.90 %
from 1,091.00 £/mo
Est letting value
1,277.68 £/mo
from 0.00 £/mo
Est rental Yield
4.38 %
Increased by 71.09 %
from 2.56 %
Crime Rate
244.00 %
Unchanged by 0.00 %
from 244.00 %

Agent Activity

  • Helmores created the listing.

Nearby Schools

NameTypeOfstedDistance
Chulmleigh Community CollegeAcademy ConverterGood0.36 KM
Chulmleigh Primary SchoolAcademy ConverterRequires improvement0.43 KM
Kings Nympton Community Primary SchoolFoundation SchoolGood4.99 KM
Lapford Community Primary SchoolAcademy ConverterGood9.54 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Crossways £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Eggesford5822EGG2.92 KM
Kings Nympton5823KGN4.70 KM
Lapford5824LAP9.04 KM

Nearby Listings

AddressPriceTypeScoreDistance
South Molton Street, Chulmleigh, Devon, EX18 £ 450,000BUYUnknown0.04 KM
South Molton Street, Chulmleigh, Devon, EX18 £ 125,000BUYUnknown0.05 KM
CHULMLEIGH £ 150,000BUY5 / 100.06 KM
Chulmleigh, EX18 £ 260,000BUY7 / 100.07 KM
Former Sorting Office Development, Chulmleigh £ 50,000BUY4 / 100.09 KM

Nearby Properties

AddressPriceDistance
Cobbles End £ 115,0000.05 KM
Rose Garden Cottage £ 242,0000.05 KM
1 South Molton Street £ 67,5000.05 KM
Ivyside £ 310,0000.05 KM
Horse Pool Meadow £ 450,0000.05 KM