Homewise says ..

Property Oracle says ..

The property is located in Fairfield, Ilfracombe, Devon, a coastal town in North Devon. Ilfracombe is known for its picturesque harbour and dramatic coastline. The area benefits from several well-regarded primary and secondary schools within a reasonable distance, as shown by the proximity of The Ilfracombe Church Of England Academy, Ilfracombe Church Of England Junior School, and Ilfracombe Infant And Nursery School. The presence of these schools is a positive factor for families. While specific transportation links aren’t detailed, Ilfracombe itself offers various local bus routes and is accessible by car.

Based on the provided photographs, the property appears to be in need of significant modernisation and renovation. The interior shows dated fixtures, fittings, and finishes throughout. Wallpaper is peeling in several areas, carpets are worn, and the kitchen and bathroom require complete updating. The overall condition suggests a considerable amount of work would be needed to bring the property up to a modern standard.

The property includes a garden area. While the size isn’t specified in square footage, the images show a sizeable plot of land surrounding the property, offering potential for landscaping and outdoor enjoyment. The garden appears to be overgrown in places and could benefit from some attention.

Considering the list price of £174,250, the average house price in the area of £239,771, and the average price per square foot of £260, the property’s price appears relatively reasonable, particularly in light of its condition. While it requires substantial renovation, the property’s size (1,136.88 sqft) and the sizeable garden area may offset the cost of the necessary improvements for a buyer looking for a project. However, the lack of comparable properties with precise square footage makes a definitive price comparison difficult. The nearby listings show a wide range of prices, highlighting the variability in the Ilfracombe market. The need for extensive renovation is a significant factor to consider when assessing the value.

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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