John Smale & Co says ..

Property Oracle says ..

The property is a 5 bedroom, 1 bathroom detached house located in Combe Martin, Ilfracombe, North Devon. It is listed at £200,000 and has a plot size of 2,514.45 sqft and 2,207.03 sqft internal area. The average price for properties in the area is £451,562, with an average price per sqft of £407.00. The property requires extensive renovation. The images show significant damage and deterioration throughout the property, including damaged walls, peeling paint, and debris. The property appears to be a period property which could be restored to a high standard, however, this would require a substantial investment. The external areas also require significant work. The property benefits from a large plot size of 2,514.45 sqft which provides ample outdoor space. However, this space is currently overgrown and unkempt. Considering the property’s condition, the list price of £200,000 appears to be relatively low compared to the average price in the area. However, the extensive renovation needed must be factored in. The low price may reflect the significant cost of renovation. The lack of comparable properties with similar characteristics makes a definitive price comparison difficult. The location is in Combe Martin, a village in North Devon. While the provided data does not give details on the immediate proximity to amenities, schools are within a reasonable distance, with several primary schools located within a few kilometers. Further information on transport links and local shops would be needed for a more comprehensive location assessment.

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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