Wood's Estate Agents and Auctioneers says ..

Property Oracle says ..

This property is a triple garage located on Fore Street in Totnes, Devon. The listing presents it as a potential development opportunity, with architectural plans suggesting conversion into a residential dwelling. Currently, the garage is in a state of disrepair, with the interior cluttered and requiring significant renovation work. The exterior also needs attention. The location in central Totnes offers convenience, close proximity to amenities, and good transport links via the nearby Totnes train station. However, the limited land area and the substantial renovation costs required are key factors to consider. The plans show a potential conversion into a two-bedroom property, but the final product’s value will depend heavily on the quality of the renovation and the prevailing market conditions. The lack of information on the total square footage of the proposed dwelling makes it difficult to assess the price per square foot and compare it to local market averages. Potential buyers should factor in significant costs associated with renovation and conversion before making a purchase decision. The current state of the property is a major drawback, but the central location and potential for development offer a degree of appeal. A thorough survey and detailed cost assessment are essential for anyone considering this project.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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