Pegg Estates says ..

Property Oracle says ..

This five-bedroom, three-bathroom property in Tormohun, Torquay, presents a mixed opportunity for potential buyers. The house boasts a sizeable footprint of 2,156.01 square feet and is situated in a convenient location. Its proximity to Torre railway station (0.41 KM) and several well-regarded schools, including Cockington Primary School (Good Ofsted rating, 0.40 KM) and Torre Church of England Academy (Good Ofsted rating, 0.67 KM), adds to its appeal.

However, the property is in significant need of modernisation and renovation. The provided photographs reveal outdated fittings, worn flooring, and considerable cosmetic work required throughout. The existing finishes appear dated and would need to be fully replaced. A substantial budget would be needed to bring it to a modern standard. The small garden offers limited outdoor space. Whilst there is off street parking this should be verified.

The asking price of £300,000 needs careful consideration. While comparable properties in the area may fetch a similar price, the extensive renovations needed must be factored into the overall cost. Therefore, this property is only suited to buyers who are prepared to undertake a full refurbishment project. This may make the property suitable for developers or those comfortable with significant DIY.

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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