Gordon & Rumsby says ..

Property Oracle says ..

This property in Colyton, Devon, presents itself as a unique opportunity. The building is a large four-bedroom house, currently operating as a cafe/bakery and bed and breakfast, but easily adaptable to a family home. The internal design is eclectic, with a mix of modern and older features. This means some rooms have recently updated facilities and decor, while others still retain older styling. This can be considered an advantage or disadvantage depending on preference.

The property’s central location in Colyton is a strong selling point. The town benefits from the convenience of local amenities and relatively close proximity to transport connections (Axminster train station) and schools. The schools include Colyton Primary Academy and Colyton Grammar School. However, more detailed location information on the exact plot size, surrounding area, views, etc. would improve the overall assessment.

The lack of specified plot size is a notable factor. The absence of information about outdoor space or garden affects the property’s overall appeal and potential value. The given images don’t reveal any outside space and therefore cannot be rated.

The listed price of £450,000 appears reasonable for a property of this size in this location, provided a thorough building survey and valuation confirm the property’s overall condition and structure. However, without accurate price-per-square-foot data in relation to land, this aspect requires a thorough review with local property market comparisons before an accurate conclusion can be determined.

Overall, this property offers a blend of potential and unique character. A prospective buyer should carefully consider the adaptability of the current use, conduct a full property survey and thoroughly compare the listed price to similar properties in the local area to ascertain if it presents good value for money. The lack of information on the external space is a considerable factor affecting the total score.

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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