Redferns says ..
This is an exciting opportunity to put your own stamp on a partially converted two bedroom town cottage situated in the heart of town. The conversion has retained many original features, and still needs completing internally.
Property Oracle says ..
This property in Ottery St Mary presents a mixed opportunity. Located in a generally desirable market town with good schools and relative proximity to transport links, the location scores positively. However, the property itself requires significant attention. The images reveal a building in need of cosmetic upgrades and potential structural repair. The small, paved yard provides minimal outdoor space. The property has a total area of 728.18 sqft and 2 bedrooms and 1 bathroom. The absence of plot size data and the limited image detail makes a precise assessment of the land and value challenging. Ultimately, the value of this property will depend on the costs involved in renovating it to a habitable standard. Prospective buyers should obtain a thorough survey before making an offer and factor in a comprehensive budget for renovations. Careful consideration of the renovation costs, compared to the anticipated increase in value and the general market in Ottery St Mary, is crucial to determine whether the asking price of £185,000 represents a reasonable investment.
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
- 7
- Condition
- 4
- Location
- 7
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 728.18
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
- 400,000.00 £Increased by 7.31 %
- Est sale value
- 324,768.28 £Increased by 85.06 %
- Average area rental value
- 850.00 £/moDecreased by 13.00 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 2.55 %Decreased by 19.05 %
- Crime Rate
- 64.00 %Unchanged by 0.00 %
Agent Activity
Redferns created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ottery St Mary Children'S Centre | Children's Centre | 0.34 KM | |
| Ottery St Mary Primary School | Foundation School | Good | 1.15 KM |
| The King'S School | Academy Converter | Outstanding | 1.27 KM |
| Tipton St John Church Of England Primary School | Voluntary Aided School | Good | 3.84 KM |
| Feniton Church Of England Primary School | Voluntary Aided School | Outstanding | 4.03 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Winter's Lane | £ 0 | 0 | 0.00 KM |
| Coleridge Bridge | £ 220,000 | 0 | 0.00 KM |
| New Lane | £ 0 | 0 | 0.00 KM |
| Furzebrook | £ 0 | 0 | 0.00 KM |
| Godfrey Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Feniton | 5808 | FNT | 3.98 KM |
| Whimple | 5759 | WHM | 8.30 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mill Street,Ottery St Mary,Devon,EX11 1AD | £ 165,000 | BUY | 6 / 10 | 0.01 KM |
| Ottery St Mary | £ 185,000 | BUY | 4 / 10 | 0.01 KM |
| Ottery St Mary | £ 175,000 | BUY | 4 / 10 | 0.01 KM |
| Mill Street, Ottery St Mary | £ 300,000 | BUY | Unknown | 0.04 KM |
| Mill Street, Ottery St Mary | £ 195,000 | BUY | 6 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 32 Mill Street | £ 230,000 | 0.01 KM |
| 50 Mill Street | £ 192,000 | 0.01 KM |
| 40 Mill Street | £ 220,000 | 0.01 KM |
| 38 Mill Street | £ 145,000 | 0.01 KM |
| 52 Mill Street | £ 282,000 | 0.01 KM |