Ridgewater says ..

Property Oracle says ..

The property is a 4-bedroom, 1-bathroom terraced house located in Shiphay, Torquay, Devon. It is listed at £259,000 and has a floor area of 553.64 sqft. The plot size is not specified. The property is situated within a reasonable distance of several primary and secondary schools, with varying Ofsted ratings. The proximity to several railway stations provides convenient access to public transportation. The immediate neighborhood appears to be residential, and while specific details about local shops and amenities are absent, the location seems relatively convenient given the proximity to schools and transport links. Based on the provided images, the property appears to be in need of some renovation. Walls show signs of wear and tear, and the kitchen and bathroom require updating. The overall condition suggests a need for modernisation and potential repairs, although the structural integrity seems sound. The property has a small garden with a wooden deck. The garden is relatively small and requires maintenance. Considering the list price of £259,000, the average price in the area is significantly higher at £374,192. However, the average property size is substantially larger at 1,129 sqft. The average price per sqft in the area is £331. This property is significantly smaller and requires renovation, which justifies the lower list price compared to the area average. However, some nearby comparable properties are listed at higher prices, suggesting that the list price may be slightly undervalued, but not unreasonably so, given its condition and size.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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