Stags says ..

Property Oracle says ..

This property presents a unique opportunity to acquire a large plot of land with planning permission for a four-bedroom dwelling in a picturesque location in Ilfracombe, North Devon. The listing describes the property as a modern detached barn awaiting conversion into a house. Aerial photographs show a substantial structure with surrounding land, offering exceptional potential for a significant home. However, the property is in need of complete renovation. Buyers should factor in substantial building costs before making an offer. The location is appealing for those seeking a semi-rural yet accessible setting, with good schools, although somewhat distant, available within a reasonable driving distance. The absence of immediate transportation links and the currently uninhabitable condition of the barn should be carefully considered when assessing this property’s overall value. Prospective buyers should also undertake thorough due diligence concerning the building project before purchase. The lack of precise plot size and sqft data for comparable properties hinders an accurate evaluation. The provided images and plans illustrate both the property’s potential and the extensive work required to fully realise that potential.

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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