Homewise says ..

Property Oracle says ..

This five-bedroom property in Combe Martin, North Devon, presents a mixed bag of features. The most significant advantage is its location, offering close proximity to the beach and stunning sea views, as evidenced by multiple images. The presence of Combe Martin Primary School within easy reach is also a positive for families. However, the property’s condition requires attention. While habitable, the interior necessitates modernizing, with several rooms appearing dated and needing cosmetic improvements and potential updates. The provided photographs reveal that several rooms appear worn and in need of refurbishment. The outdoor space, while including a patio and a small rear garden, is not expansive. The listing describes the property as a ‘Home for Life Lifetime Lease’, which is a significant factor that should be fully understood by prospective buyers as it greatly alters typical market valuation and buying processes. The asking price of £301,500 needs to be evaluated cautiously against the required renovations, the property’s condition, and the limited land size. Given the information and surrounding comparable properties the price appears a bit high; however, the coastal location and sea views could justify a premium for some buyers. A comprehensive survey is highly recommended before proceeding with a purchase. The lack of bathroom facilities shown in the provided photographs is also a major concern and should be further investigated. The property’s overall condition suggests a need for considerable investment. This is important to weigh against the potential value increase after modernization, as well as the desirability of the coastal location in Combe Martin.

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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