Woodbury House, 83 Salterton Road, Exmouth, Devon
HO

Woodbury House, 83 Salterton Road, Exmouth, Devon

By Homewise

£ 147,500

Reviews

2 out of 5 stars

Homewise says ..

Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60S could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £14...

Property Oracle says ..

This property is a two-bedroom apartment situated in Exmouth, Devon. The listing emphasizes its suitability for over-60s due to a lifetime lease structure. The apartment’s interior is modern and well-maintained, as evidenced by the clear photos. The kitchen and bathroom appear recently upgraded, exhibiting a contemporary aesthetic. However, vital information such as the square footage and plot size are missing, making a thorough market valuation challenging.

The location in Exmouth, particularly the Littleham area, is a positive, offering proximity to the town’s amenities, transportation (Exmouth train station), and well-regarded primary schools (Marpool Primary and Withycombe Raleigh Church of England Primary are both rated ‘Good’ by Ofsted). While the neighbouring streets offer a variety of property values, the lack of comparable properties of the same type makes it difficult to fully assess the overall price relative to the market.

The primary concern is the ‘Home for Life’ lifetime lease structure. This is crucial and must be carefully assessed by a potential buyer. It is important to understand exactly what this type of agreement entails in terms of responsibilities, costs, and future potential sales. This could dramatically impact the property’s overall value and long term return to the buyer.

In conclusion, while the apartment’s condition and location within Exmouth are favourable, the lack of essential information on size, and the crucial details of the lifetime lease create uncertainty around the actual market value and desirability. Prospective buyers are strongly urged to undertake extensive due diligence.

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
8
Location
7
Land
2
Bedrooms
2
Bathrooms
0

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
474,800.00 £
Unchanged by 0.00 %
from 474,800.00 £
Average area rental value
1,152.00 £/mo
Unchanged by 0.00 %
from 1,152.00 £/mo
Est rental Yield
2.91 %
Unchanged by 0.00 %
from 2.91 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Homewise created the listing.

Nearby Schools

NameTypeOfstedDistance
Exmouth & District Children'S CentreChildren's Centre0.65 KM
Marpool Primary SchoolFoundation SchoolGood0.68 KM
Withycombe Raleigh Church Of England Primary SchoolVoluntary Controlled SchoolGood1.00 KM
St Joseph'S Catholic Primary School, ExmouthAcademy ConverterGood1.15 KM
Exmouth Community CollegeAcademy ConverterRequires improvement1.45 KM

Images

Front Kitchen/Living Room Kitchen /Living Room Bedroom 1 Bathroom Kitchen/Living Room Kitchen/Living Room Bedroom 2 Bedroom 1

Nearby Streets

NameAverage PriceAverage SqftDistance
Walnut Grove £ 220,00000.00 KM
Park Way £ 345,00000.00 KM
St John's Road £ 270,00000.00 KM
Sutton Road £ 279,95000.00 KM
Park Terrace £ 190,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Exmouth5756EXM2.33 KM
Lympstone Village5761LYM5.00 KM
Starcross3413SCS5.98 KM
Dawlish Warren3409DWW6.10 KM
Lympstone Commando5762LYC6.81 KM

Nearby Listings

AddressPriceTypeScoreDistance
Woodbury House, 83 Salterton Road, Exmouth, Devon £ 147,500BUY5 / 100.00 KM
Woodbury House, 83 Salterton Road, Exmouth, Devon £ 220,000BUY5 / 100.04 KM
Lydwin Grange, 2 Stevenstone Road, Exmouth, Devon £ 230,000BUY6 / 100.08 KM
Exmouth, Devon £ 500,000BUY6 / 100.12 KM
Salterton Road, Exmouth £ 299,950BUY6 / 100.13 KM

Nearby Properties

AddressPriceDistance
15 Emmasfield £ 285,0000.08 KM
16 Emmasfield £ 300,0000.08 KM
11 Emmasfield £ 458,0000.08 KM
6 Emmasfield £ 227,0000.08 KM
17 Emmasfield £ 188,0000.08 KM