John Lake Estate Agents says ..

Property Oracle says ..

This property is a charming Grade II listed thatched cottage situated in the heart of Cockington Village, Torquay. The village itself is a highly sought-after location renowned for its picturesque setting and quintessential English charm. The property’s interior is well-presented with a one-bedroom, one-bathroom configuration. The photographs suggest a comfortable and inviting living space, with a mix of modern amenities and period features. However, a significant caveat is that the property is currently used as a commercial gift shop on the ground floor and a holiday rental on the upper floor. This dual purpose has potential benefits for income generation but also presents unique challenges for a potential residential buyer, which could significantly impact pricing. The limited exterior space, consisting of a small garden, might be viewed as a drawback for some buyers. While the location is excellent and the property itself seems well maintained, its current functionality necessitates a thorough due diligence process before purchase to fully understand its potential and value relative to the asking price. The lack of clear sqft information prevents a more precise analysis of price per sqft and value for money. Further information on the property’s structural integrity, potential for conversion to single-family dwelling, and legal implications of its current commercial use would be crucial in a full assessment.

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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