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4 Portland Park, Ilfracombe

South West

£599,950
Listed on 21/02/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This detached Art Deco home offers a rare combination of period charm and coastal potential, situated in a tranquil 'no through' road with impressive sea views over the Bristol Channel. Spanning a generous ¼ acre, the property features well-sized gardens and ample parking, making it an attractive investment opportunity. The accommodation is thoughtfully arranged across two levels, showcasing two spacious reception rooms, a kitchen, four bedrooms, and previous planning permission for substantial enhancements including an open-plan family kitchen/dining area and additional outdoor spaces such as a balcony and roof terrace. While retaining original features like high ceilings and period fireplaces, this residence invites prospective buyers to reimagine its layout and create a personalized modern home that capitalizes on its stunning surroundings. With Ilfracombe's vibrant local amenities and renowned surfing beaches within reach, this property presents significant renovation potential for both personal use or rental income in a sought-after area.

Investment Analysis

(EX34 area)
Area Average
£278/sq ft
Avg Rent (weekly)
£220
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
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

4 Portland Park, Ilfracombe
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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
£2,198
Based on a loan of £449,962 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