Stags says ..

Property Oracle says ..

This property on Mill Street, Bideford, presents a mixed-use investment opportunity combining commercial space (a fish and chip shop) with residential accommodation across three floors. The listing mentions the potential for flexible use under Class E, indicating conversion possibilities for the shop and residential units. The current condition requires extensive renovation. The interior photos reveal outdated fixtures, worn finishes, and a need for complete modernisation throughout. The exterior, while structurally sound, also shows signs of needing repairs and updates. The property’s central location in Bideford town is a significant advantage. Proximity to shops, amenities, and several schools makes it attractive for both residential and commercial uses. The lack of external space, however, represents a drawback. The absence of a garden could restrict potential use and affect overall desirability. The provided list price of £299,950 demands careful evaluation in light of the extensive renovation costs, the absence of square footage information for the property, and the comparable prices of nearby properties. A thorough survey and detailed costings for renovations would be necessary before considering a purchase. Overall, the property has potential, but considerable investment and risk are involved.

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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