Webbers Property Services says ..

Property Oracle says ..

The property is located in Fairfield, Ilfracombe, Devon, a coastal town in North Devon. Ilfracombe is known for its picturesque harbour and stunning coastal scenery. The area benefits from several well-regarded schools within a reasonable distance, including Ilfracombe Church of England Junior School and The Ilfracombe Church of England Academy, both rated ‘Good’ by Ofsted. This makes the location attractive to families. While specific transportation links aren’t detailed, Ilfracombe has its own amenities and is relatively close to other towns and cities in Devon. The surrounding streets show a range of property prices, indicating a diverse housing market in the area. The property itself sits on a plot of land, offering some outdoor space, although the exact size isn’t specified. The images show the property has a garden area.

The property appears to be in need of significant modernisation and renovation. The interior images show dated fixtures, fittings, and finishes throughout. Wallpaper is peeling in several rooms, carpets are worn, and the kitchen and bathroom are particularly outdated. This suggests a considerable amount of work would be required to bring the property up to a modern standard.

The list price of £260,000 is slightly above the average price for the area (£239,771). However, given the property’s size (1,136.56 sqft), it’s slightly below the average price per sqft (£260.00). Considering the extensive renovation needed, the price may be considered reasonable, or even slightly below market value, depending on the costs associated with the necessary improvements. The nearby comparable properties are not useful for comparison as the square footage is not provided. A potential buyer should factor in the cost of renovation when assessing the overall value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images