McCarthy & Stone Resales says ..

Property Oracle says ..

This one bedroom retirement apartment is situated in Roswell Court, Exmouth, within a McCarthy & Stone development. The property benefits from communal facilities including a restaurant and homeowners lounge, as well as stunning coastal views from the communal roof terrace and landscaped gardens. The apartment itself appears well-maintained and in good condition, based on the provided photographs. While the square footage is relatively small at 386.15 sqft, the development offers access to additional communal spaces. The list price of £140,000 is significantly lower than the average price for the area (£413,449), and the price per sqft is also below average (£355). However, it is important to note that this is a retirement apartment, and the price may reflect the smaller size and specialized nature of the property. Nearby similar properties are listed between £150,000 and £165,000, suggesting that the list price may be slightly undervalued, but still within a reasonable range for the market. The location is excellent, with proximity to the seafront, town center, and various amenities. The development itself offers a secure and convenient environment for retirement living. There is communal outside space, but the individual apartment does not appear to have a private garden.

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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