Bagshaws says ..

Property Oracle says ..

Rosemary Cottage & Little Park Holiday Homes presents a unique opportunity in the desirable village of Tutbury, Staffordshire. This property comprises a well-appointed main cottage with nine bedrooms and five bathrooms, combined with four separate holiday letting units. The images suggest a recent renovation with a modern interior. The cottage itself appears well-maintained and has a pleasant garden. The additional income stream from the holiday lets adds significant potential to the investment. However, a crucial piece of information is missing: the precise size of the land or plot. The current lack of clarity around this crucial detail, coupled with a relatively small square footage, makes it challenging to make a comprehensive assessment. The listing price of £825,000 appears potentially high relative to comparable properties in Tutbury, without fully accounting for the holiday letting business income. Further investigation into recent comparable sales that include holiday letting units would be recommended to ascertain whether the asking price aligns with market value. The location in Tutbury offers several advantages: good primary and secondary schooling options within a reasonable distance, while also enjoying a rural setting. The proximity to a railway station offers transport links for commuting and leisure. Overall, the property is an interesting investment proposition for those looking for a substantial residential property with an added income stream, but the high price and lack of complete property details warrant careful review and a comparative market analysis prior to purchase.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images