T Ash International Realty says ..

Property Oracle says ..

This property, described as a boutique B&B, is located in Fulwell, Sunderland, near Seaburn. The location benefits from proximity to the coast and several outstanding-rated primary schools. The property boasts 12 bedrooms and 12 bathrooms, suggesting it could be suitable as a large family home or, as presented, a hotel or multi-family rental dwelling. The interior, as shown in the images, appears reasonably well-maintained. Decor is somewhat dated in places, and may need updating to appeal to the wider market. The exterior shows a hotel, suggesting some commercial space. The property offers some but limited external space, with a paved area that provides some outside seating space. The limited plot size information makes it difficult to accurately gauge its worth. At £700,000, the asking price seems relatively high, particularly given the lack of a spacious garden, and the price per square foot is not provided, which presents difficulties in comparing it to similar properties in the area. While nearby properties sell from £145,000 to £675,000 there’s a large variation in price and the lack of sqft for these properties reduces the ability to accurately calculate price per sq ft for comparison. Considering the property’s size, number of rooms and potential for high rental returns from its use as a B&B, the price could be justified, however, the lack of available external space and the dated decor could impact its marketability to a wide range of potential buyers. To fully asses its worth, a detailed survey is required to verify the condition of the structure and services, and a full valuation from a property professional specialising in commercial and residential properties is suggested.

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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