Seddons says ..

Property Oracle says ..

This property presents a unique opportunity for a buyer comfortable with a renovation project. Located on Fore Street in the charming Devon village of Bampton, the building’s central location offers convenient access to local amenities, including Bampton Church of England Primary School (0.80km away). However, it is important to note the lack of readily available public transportation information.

The property itself is a substantial size at 2,237.82 sq ft but is currently in a state requiring extensive renovation. Photos depict unfinished spaces, worn flooring and fixtures, and a general need for modernisation. A notable issue is the boarded-up front door, suggesting the need for security measures. The absence of a garden or any considerable outdoor space is a significant consideration.

The list price of £175,000 appears competitive considering property prices in the area and its potential value post-renovation. However, this needs to be balanced against the significant investment required to bring it up to modern standards and the lack of outdoor space. The planning permission for residential use (from commercial) is a valuable asset, as it clarifies the potential for conversion and avoids future planning hurdles, potentially increasing its attractiveness to developers and those looking for a project. Overall, a thorough survey and assessment of the repair costs are crucial before making an offer.

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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