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Woolacombe Station Road, Woolacombe, Devon, EX34 - Image 1
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Woolacombe Station Road, Woolacombe, Devon, EX34 - Image 3
Woolacombe Station Road, Woolacombe, Devon, EX34 - Image 4
Woolacombe Station Road, Woolacombe, Devon, EX34 - Image 5

Woolacombe Station Road, Woolacombe, Devon, EX34

South West

£450,000
Listed on 29/05/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1097 sqft

Description

Chilworth House presents a promising opportunity for renovation within the desirable coastal village of Woolacombe. This substantial four-bedroom family home, set on a generous level plot, is ideally located just two miles from the renowned seafront and local amenities, providing a perfect balance between accessibility and tranquility away from the busier village center. The property is ripe for modernization, offering significant potential for improvement or expansion, subject to obtaining the necessary planning consents. The large gardens at both the front and rear create ample outdoor space, ideal for landscaping or further development. Additionally, a spacious driveway accommodates multiple vehicles and leads to a double garage equipped with power and lighting—perfect for those looking for workspace or storage solutions. Inside, the ground floor begins with a bright entrance porch that flows into an expansive kitchen/diner, designed as a social hub with plenty of cupboard space. Two versatile reception rooms provide opportunities for different uses; one large room can easily accommodate substantial furniture while another cozy space could work well as a snug or home office. The main living area features an electric fireplace with a tiled surround and built-in storage cupboards, complemented by an oil-fueled Rayburn for added warmth. Ascend to the first floor where you'll find four bedrooms along with a family bathroom. These bedrooms offer flexible options for use—ideal for growing families needing extra space or potential playrooms/studies. Notably, one bedroom affords distant sea views alongside picturesque countryside scenery. This property stands out as an ideal project in Woolacombe, known for its stunning beaches and vibrant community atmosphere. As opportunities like this are rare in such sought-after locations, it’s worth considering Chilworth House not only as a family residence but also as an investment opportunity with considerable renovation potential. An early viewing is recommended to fully appreciate what this home has to offer in terms of space and possibilities.

Investment Analysis

(EX34 area)

Above Market Value

This property is priced +47.5% above area average per sq ft

+47.5%
This Property
£410/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£220
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£335,583
10% above area average per sq ft
Potential ROI
-39.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX34)

Area prices are falling by +4.6% over the last 12 months
3 year growth: -11.9%
5 year growth: 6.3%
Investment Disclaimer: Analysis based on EX34 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Woolacombe Station Road, Woolacombe, Devon, EX34
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE