BPK Estate Agents says ..

Property Oracle says ..

This property, listed by BPK Estate Agents, is the Royal Oak Hotel/B&B situated on West Street in Wigton, Cumbria. It’s a substantial property boasting 10 bedrooms, though the number of bathrooms is not specified. The building has a prominent street presence and is described as being close to local amenities. Images reveal a mix of interior finishes, suggesting a range of condition across different sections of the building. Some areas appear well-maintained, while others could benefit from modernisation or refurbishment. The property benefits from a generous parking area at the rear which is quite advantageous given its central location. The nearby listings show a range of property prices, making it difficult to establish a definitive price per square foot for comparison. However, the price point of this property needs to be assessed against its current function as a hotel/B&B and if the value of the hotel/B&B will cover the cost. Schools are conveniently located nearby, making it an attractive location for families, and the proximity to Wigton train station offers a travel alternative. The overall impression is of a property with potential; however, its condition and the limited plot size, combined with the lack of information on bathroom facilities might affect its appeal to particular buyers. A potential buyer should carefully weigh the advantages of its central location and the potential for rental income if used as a hotel/B&B against the costs of necessary renovations.

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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