Bettesworths says ..

Property Oracle says ..

This four-bedroom property in Torquay, Devon, presents a mixed bag of opportunities and challenges. Its location in Ellacombe, near good schools and Torquay town centre, is a significant positive. The proximity to transport links, while not immediately adjacent, adds to its overall appeal. However, the condition of the property requires immediate and significant attention. Images reveal various areas of the property showing significant wear and tear, requiring substantial repair and renovation work.

The garden is present but appears overgrown and unkempt, requiring significant landscaping. The external appearance of the property also shows the need for considerable attention. The lack of bathroom details in the listing is a notable omission and an important factor to consider before making a purchase. The price of £260,000 needs to be weighed against the substantial investment required for renovation. A thorough survey before purchase is highly recommended to understand the full extent of the renovation costs. While the property holds potential for creating a desirable home, it should be approached as a renovation project, necessitating a detailed financial plan and budget to assess the overall viability of the purchase price relative to the estimated costs to bring the property up to an acceptable standard. The ultimate value will depend entirely on the expertise and resources invested in the renovation. Potential buyers should carefully review all aspects of the property, including the necessity for significant repairs and the overall cost of transforming it into a livable residence.

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

Images