Stags says ..

Property Oracle says ..

Lower Southery Farm is a four-bedroom, two-bathroom property situated in Smeatharpe, Honiton, East Devon. The property is listed at £750,000 and has a plot size of 2,839 sqft and 2,600.31 sqft of living space. The property benefits from extensive grounds and appears to be in a largely rural location. The property’s condition appears to be fair. While the exterior is well-maintained, some interior photos show dated finishes and decor, suggesting some modernisation may be required. The kitchen and bathrooms, in particular, seem to require updating. The property sits on a large plot of land, offering significant outdoor space. The presence of a pond and ample grounds adds to its appeal. Considering the list price of £750,000, the average price in the area is £416,406, and the average price per sqft is £242. Lower Southery Farm’s price per sqft is significantly higher than the average. However, the substantial plot size and rural location justify a higher price per sqft compared to average properties in the area. The property’s condition, while fair, needs updating, which may influence a buyer’s final offer. Nearby comparable properties are limited, making a precise price comparison challenging. More information on the property’s features and potential for improvement would be beneficial in determining a more accurate price assessment. The nearest schools are Churchstanton Primary School and Upottery Primary School, both rated as ‘Good’ by Ofsted. The distance to these schools is reasonable, although further investigation into specific catchment areas is recommended. The lack of nearby transportation details limits the assessment of the property’s location score. The rural setting may be attractive to some buyers but could present challenges for those reliant on public transport.

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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