Hall & Scott says ..

Property Oracle says ..

Strete Ralegh House in Whimple, East Devon, presents a unique opportunity but requires considerable investment. The property, listed by Hall & Scott, is a semi-detached house currently in need of substantial renovation. The interior photographs reveal significant wear and tear throughout, from damaged walls and flooring to outdated fixtures. Buyers should expect to undertake a complete refurbishment.

Despite its condition, the property boasts a desirable location. Its semi-rural setting is balanced with proximity to Whimple train station (approx. 1.66km) providing convenient access to transport links. There are also several well-rated primary schools within a reasonable distance, making it potentially attractive to families. Nearby villages like Ottery St Mary might offer additional amenities.

The images suggest that the property benefits from access to beautiful communal gardens and a shared courtyard area. There is also a shared garage present. This is a significant positive aspect, adding to the overall appeal, especially in contrast to those without this access.

The list price of £275,000 requires careful consideration given the required renovation work. While this price may appear reasonable compared to some other listed properties in the area, the extent of work necessary makes it essential for potential buyers to factor in substantial refurbishment costs. A detailed survey and a comprehensive cost estimation for renovations are crucial before committing to a purchase. The lack of precise square footage data for similar properties makes direct pricing comparisons challenging. Nevertheless, this property offers the potential for a beautiful home, but the significant investment required makes it critical to proceed with caution and seek expert advice on renovation costs.

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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