Poole Townsend says ..

Property Oracle says ..

Somerset House in Grange-over-Sands, Cumbria presents itself as a substantial property currently operating as a bed and breakfast. The building appears well-maintained from the exterior and offers a respectable amount of space, including eight en-suite bedrooms across four floors and separate owners’ accommodation. The interior photographs showcase various rooms, including a dining room, kitchen, and numerous bedrooms and bathrooms, all generally presented in a tidy manner. The location is described as central within Grange-over-Sands, suggesting ease of access to local amenities. The town’s coastal location and proximity to good schools are significant advantages. However, a crucial piece of information is missing: the property’s plot size. The absence of garden space is a considerable drawback, impacting the overall desirability of the property for some buyers. While the listed price suggests good value relative to nearby comparable properties, without precise square footage data for Somerset House itself and average price per square foot data in the area, it is challenging to provide a definitive opinion on the property’s financial value. Furthermore, the images reveal that some areas could benefit from some minor updating and modernisation to bring the interiors fully up to date. Overall, Somerset House is a potentially lucrative investment for those seeking a B&B opportunity in a desirable location, but the lack of land and need for minor improvements should be carefully weighed.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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