Redferns says ..
A superb opportunity to renovate this individual property set in nearly half an acre of grounds and situated in an elevated position, taking advantage of some fine views across the valley.
Property Oracle says ..
This detached bungalow located on Salcombe Hill Road in Sidmouth, East Devon, presents a unique opportunity for buyers seeking a property with significant renovation potential and substantial grounds. The property’s age is evident in both its interior and exterior features. The interior finishes are dated, requiring a complete overhaul, including carpets, kitchen, bathroom and general interior décor. However, the solid structure forms a good base for a renovation project. The exterior shows similar signs of age but also presents potential for landscaping to create a beautiful garden. The generous plot size is a considerable asset, offering ample space for garden development and potentially extensions (subject to planning permission). The location offers a blend of tranquility and proximity to amenities. Whilst the images do not show any stunning views, the elevated position could afford good views. The relatively close proximity to several schools, including Sidmouth College and Sidmouth Church of England Primary School (both rated ‘Good’ by Ofsted), enhances the property’s family appeal. While the lack of readily-available public transport information is a slight drawback, the property’s location within Sidmouth should mean reasonably easy access to local amenities. The asking price of £795,000, in light of the renovation requirements and the significant land, makes it a worthy consideration, but not a steal, in the current market. A thorough survey is recommended before purchasing to assess the full extent of the required renovation work and identify any structural issues. The potential return on investment could be substantial, but only with a considered and well-planned renovation project. The absence of detailed information concerning the precise square footage adds another layer of complexity to the evaluation. Overall, the property’s strong points – namely its location, size of the land, and existing structure – are counterbalanced by the need for extensive and costly renovation.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 3
- Bathrooms
- 2
- Sqft (est)
- 1,580.79
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Metrics Year-on-Year
- Average area value
- 474,800.00 £Unchanged by 0.00 %
- Est sale value
- 333,546.69 £Unchanged by 0.00 %
- Average area rental value
- 1,152.00 £/moUnchanged by 0.00 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 2.91 %Unchanged by 0.00 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Redferns created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Sidmouth College | Community School | Good | 1.49 KM |
Sidmouth Church Of England (Va) Primary School | Academy Converter | Good | 1.68 KM |
St John'S School | Other Independent School | 2.07 KM | |
Sidmouth Children'S Centre | Children's Centre | 2.21 KM | |
Sidbury Church Of England Primary School | Academy Converter | Good | 4.13 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Redwood Road | £ 850,000 | 0 | 0.00 KM |
Milford Road | £ 950,000 | 0 | 0.00 KM |
Milford Road | £ 575,000 | 0 | 0.00 KM |
The Grove | £ 430,000 | 0 | 0.00 KM |
Riverside Road | £ 305,000 | 0 | 0.00 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Salcombe Hill Road, Sidmouth | £ 795,000 | BUY | 6 / 10 | 0.00 KM |
Salcombe Hill Close, Sidmouth | £ 1,000,000 | BUY | 7 / 10 | 0.11 KM |
Salcombe Hill Road, Sidmouth, Devon, EX10 | £ 299,950 | BUY | 6 / 10 | 0.14 KM |
Lusways, Salcombe Hill Road, Sidmouth, Devon | £ 250,000 | BUY | 5 / 10 | 0.14 KM |
Hillside Road, Sidmouth | £ 1,400,000 | BUY | 7 / 10 | 0.18 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
Dunwich | £ 425,000 | 0.05 KM |
The Gardeners Cottage | £ 187,500 | 0.05 KM |
Maybury | £ 498,015 | 0.05 KM |
Woodhay Cottage | £ 970,000 | 0.05 KM |
Sherwood | £ 742,000 | 0.05 KM |