Fulfords says ..

Property Oracle says ..

The property is a land plot with a stone outbuilding located in Milton Abbot, Devon. The plot size is 531.74 sqft. The asking price is £75,000. The location is in a rural setting in the village of Milton Abbot. While it benefits from proximity to Milton Abbot School (0.72km), the overall accessibility to other amenities such as shops and transportation may be limited, requiring reliance on personal transport. The distance to Gunnislake train station is 9.15km. Based on the provided images, the stone outbuilding is in poor condition and requires significant renovation. The building shows signs of disrepair, including damaged walls, a broken window, and overgrown vegetation. The interior is largely undeveloped and filled with debris. The presence of a small area of garden land is noted, though it also appears to be somewhat neglected. Considering the property’s condition, the limited amenities in the immediate vicinity and the rural location, the list price of £75,000 may be considered relatively high for a land plot with a dilapidated building requiring extensive renovation. The average price per sqft in the area is £286.00, but this is based on properties that are likely in better condition and may not be directly comparable. The lack of information on the average price of land plots in the area makes a precise valuation challenging. However, the significant renovation costs needed for the existing structure should be factored into any potential investment appraisal.

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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