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West Down, Ilfracombe, Devon - Image 1
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West Down, Ilfracombe, Devon

South West

£625,000
Listed on 11/09/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1754 sqft

Description

Nestled in the picturesque village of West Down, this detached five-bedroom home presents a unique opportunity for renovation and investment. With two bathrooms and ample living space, the property is well-suited for families looking to personalize their living environment or potentially expand (subject to planning permissions). A log burner adds warmth to the inviting interior, which is characterized by spacious rooms that are bathed in natural light, ensuring a welcoming atmosphere throughout. The tranquil setting offers stunning views of the countryside and village, providing both a serene escape and possibilities for outdoor enjoyment. The south-facing garden is designed for relaxation and entertainment, featuring a mix of patio areas and a lawn. For those interested in practical amenities, off-road parking accommodates more than three vehicles, complemented by a double garage that could serve as an office or workshop. West Down itself boasts various local conveniences, including a post office, village shop, community park with allotments, children’s play area, pubs, schools, and recreational spaces. The surrounding countryside enhances the village's appeal as an idyllic place to settle down. Just ten minutes away lies Braunton—one of England’s largest villages—offering additional amenities such as supermarkets, banks, shops, and restaurants. Ilfracombe is also nearby and provides nationwide retail options along with primary and secondary schools. Its scenic harbor and vibrant promenade offer cultural attractions like the Landmark Theatre. Additionally, renowned sandy beaches such as Woolacombe Beach are within easy reach for those who enjoy coastal activities. For commuters or travelers seeking further connections, Barnstaple—a historical regional center—is approximately eight miles away. It features a bustling shopping precinct with various high-street brands and a train station linking to Exeter's inter-city rail network. The North Devon Link Road A361 facilitates swift access to Junction 27 of the M5 Motorway at Tiverton. This property not only allows you to create your own vision but also represents an appealing investment in a sought-after location rich with community spirit and natural beauty.

Investment Analysis

(EX34 area)

Above Market Value

This property is priced +28.1% above area average per sq ft

+28.1%
This Property
£356/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£220
Avg Yield
3.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£536,566
10% above area average per sq ft
Potential ROI
-19.3%
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

West Down, Ilfracombe, Devon
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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
£2,290
Based on a loan of £468,750 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