John Smale & Co says ..

Property Oracle says ..

This substantial property in Lynton, North Devon, is described as a former guest house with potential for various uses, including conversion to apartments. It boasts 10 bedrooms and 8 bathrooms, suggesting a considerable size and potential for rental income or multi-family living. The property’s location on Castle Hill in Lynton offers potential for scenic views. Nearby is Lynton Church of England Primary School, rated ‘Good’ by Ofsted.

The interior images reveal a property that appears well-maintained, with furnishings and decor in place. However, there may be potential for refurbishment or updating certain elements of the property to meet modern standards. While some rooms show modern features, others could benefit from upgrades. The overall impression from the photos shows a property that’s clean and livable, but not necessarily in top condition.

The lack of plot size information in the listing is a significant factor. Without a substantial garden, the property’s appeal may be limited to certain buyers. The absence of nearby public transportation is also a notable point to consider, especially for individuals or families who rely on public transport. The list price of £495,000 needs further context; without accurate data about the local average price per square foot, it is challenging to definitively assess whether this is a bargain, a fair price, or potentially overpriced. Comparable properties are limited in information, particularly concerning square footage, making a precise comparison difficult.

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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