Luscombe Maye says ..

Property Oracle says ..

This three-bedroom detached bungalow in Thurlestone, South Hams, Devon, presents a compelling but nuanced opportunity. Located in the sought-after coastal village of Thurlestone, the property benefits from a desirable location near Thurlestone All Saints Church of England Academy, a school rated ‘Good’ by Ofsted. The property boasts a relatively large footprint of 1641 sqft and includes a garden, conservatory and garage.

However, the property’s condition requires attention. The interior photos reveal dated furnishings and decor, suggesting a need for modernisation. While the structure appears sound, potential buyers should budget for renovations to update the kitchen and bathrooms, and potentially refresh the entire interior. The lack of precise plot size information makes it difficult to fully assess the value of the land included in the sale.

The property’s list price of £530,000 sits within the range of other properties in the area, although a detailed comparison is hindered by inconsistencies in the available data. Considering the need for renovation, the price might be considered fair for the location, but prospective buyers should undertake a thorough survey and factor in potential renovation costs before making an offer. The nearby properties show a wide range of prices, highlighting the significant impact of property specific features and condition on value. A detailed survey is highly recommended to understand the full cost implications before purchasing this property.

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

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