haart says ..

Property Oracle says ..

This property in Barnstaple, Devon, is a substantial building with 13 bedrooms and 9 bathrooms. Its location on Victoria Street, close to Barbican Lane, suggests a potentially desirable area, particularly given the higher average price noted for Barbican Lane. The proximity to schools, including an outstanding-rated primary school, is an attractive feature for families. The property’s external appearance suggests it is well-maintained, although the precise condition requires further investigation. The limited land surrounding the building may be a constraint. The asking price of £1,500,000 is high compared to other properties in the immediate vicinity. More detailed information about the property’s internal condition, square footage, and the specific location on Victoria Street is needed for a full and accurate assessment of its value. The absence of plot size and square footage data significantly limits a precise market valuation. Without these key figures, a definitive analysis of its price-to-value is challenging. The property’s size and multiple bedrooms/bathrooms suggest potential for conversion into multiple units (e.g., HMO). This potential for higher rental income might influence the perceived value, but again more details are required. The property is likely suitable for investors or those seeking a large family home in a relatively convenient location in Barnstaple. The external condition is good, suggesting that significant repairs or renovations might not be immediately necessary, however the internal condition will require further verification. Overall, this is a substantial property with potential, but the price and lack of key data necessitate cautious analysis.

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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