Pegg Estates says ..

Property Oracle says ..

This four-bedroom property located on Thurlow Road in Ellacombe, Torquay, presents a mixed bag of opportunities and challenges for potential buyers. The property’s main selling point is its size; offering four bedrooms, which is quite generous for the area. Its location in Ellacombe offers convenient access to Torquay town centre and several well-regarded schools, such as Upton St James Cofe Primary School and Ellacombe Church of England Academy, both rated ‘Good’ by Ofsted. The proximity to train stations like Torre and Torquay also adds to its appeal.

However, the property’s condition is a significant factor to consider. The photographs reveal a property that requires significant modernisation and updating. The interior appears dated, with carpets and decor needing replacement. The kitchen and bathroom also appear to be in need of refurbishment. The lack of a garden or any outdoor space is a considerable drawback for many potential buyers, especially families.

The list price of £180,000 needs to be evaluated against comparable properties in the area. While the number of bedrooms and location are positive aspects, the necessary renovations and lack of outdoor space could justify a lower price. However, compared to some significantly higher-priced nearby listings, the price appears relatively reasonable, though a detailed comparison with properties of similar size and condition is necessary for a definitive assessment. In summary, this property offers potential but requires considerable investment in renovation and modernisation. Buyers should carefully weigh the costs of refurbishment against the property’s location and size before making an offer.

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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