John Smale & Co says ..

Property Oracle says ..

Ilfracombe is a popular seaside town in North Devon, with a picturesque harbour and stunning coastal scenery. The property’s location on Hillsborough Terrace offers views of the harbour and sea, which is a significant advantage and adds to its desirability. The proximity to several schools, including The Ilfracombe Church Of England Academy and Ilfracombe Infant And Nursery School (both rated ‘Good’ by Ofsted), further enhances its family appeal. However, information on nearby transportation links is not available, which could be a factor for some buyers. Based on the provided images, the property appears to be a large, period property that has undergone some modernisation, particularly in the kitchen and some bathrooms. While some areas show signs of wear and tear, the overall condition seems reasonable. The property retains many original features, such as high ceilings, large windows, and decorative moldings, which are characteristic of period properties. The property appears well maintained, but some minor cosmetic updates might enhance its appeal. The property includes a small rear yard, which is limited in size. Given the size of the house, a larger garden would be expected, however, the plot size is 4,067 sqft, which is relatively small for a property of this size. Considering the list price of £600,000, the average price in the area (£239,771), and the average price per square foot (£260), this property is significantly above average. The larger size (2,237.84 sqft) and the prime location overlooking the harbour justify a higher price per square foot. However, the lack of a substantial garden and the need for some minor cosmetic updates might be considered when assessing the overall value. The nearby comparable properties, although limited in data, show a range of prices, indicating some price variability in the area. A detailed comparison with similar properties in terms of size, condition, and location would be necessary to fully determine the reasonableness of the list price.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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