The asking price is within the range of nearby properties, particularly those requiring renovation or those that offer a larger plot of land. However, the extensive work required reduces its value compared to move-in-ready properties. Considering its location, the land, and the considerable renovation needed, the price appears reasonable but not exceptionally good value at present. The lack of comparable properties with similar size and condition makes a definitive judgement challenging.

The property is currently undergoing significant renovation, as evidenced by the scaffolding and exposed brickwork. While this suggests future improvement, the current state of disrepair significantly impacts its livability and requires substantial investment. The interior photos show signs of wear and tear, requiring a complete refurbishment.

Ottery St Mary is a desirable town in East Devon, known for its charm and amenities. The proximity to good schools, including The King’s School (rated Outstanding by Ofsted), is a significant plus. While the immediate vicinity of the property might be considered less central than other areas of town, its riverside setting offers a unique appeal. The relatively close distance to railway stations at Feniton and Whimple provides reasonable transport links.

The property boasts a substantial amount of land, which is unusual within the town limits of Ottery St Mary. The gardens, though seemingly overgrown, provide potential for landscaping and outdoor enjoyment. The presence of outbuildings suggests additional storage or development opportunities. However, the significant amount of overgrown vegetation reduces the present enjoyment and usability of the garden space.