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Atlantic Close, Bude EX23

South West

£395,000
Listed on 17/05/2025

Property Details

Bedrooms
2
Type
Detached house
Area
688 sqft

Description

Located in the charming coastal village of Widemouth Bay, this two-bedroom semi-detached bungalow presents a unique opportunity for renovation or investment. Situated on a spacious plot just a short walk from the beach, the property holds significant potential for those looking to create a personalized seaside residence or capitalize on its rental possibilities. The bungalow is positioned at an elevated angle, offering stunning views of the Atlantic Ocean from both the kitchen and living room. Inside, you’ll find two adequately sized bedrooms, a generous living/dining area, a kitchen, and a family bathroom. While the interiors would benefit from cosmetic updates, this provides a blank canvas for buyers with vision to implement their design choices and enhance functionality. Outdoors, the property features both front and rear gardens primarily laid to lawn. The south-facing rear garden is particularly appealing for outdoor entertaining during warmer months. A dedicated driveway offers off-road parking for several vehicles, and there’s also a garage that could serve as storage for beach gear or be adapted into additional usable space. Widemouth Bay itself is renowned for its picturesque long sandy beaches and surfing opportunities. The area boasts easy access to scenic coastal paths while providing local amenities such as cafes, pubs, and hotels within reach. The nearby A39 ‘Atlantic Highway’ ensures convenient road connections to larger towns like Bideford and Barnstaple—where one can find ample shopping options and essential services including healthcare facilities. This property not only serves as a functional retreat but also carries promising investment potential in one of North Cornwall's most desirable locations. Whether you envision it as your peaceful getaway or as an income-generating asset in the thriving rental market, this bungalow represents an inviting prospect waiting to be transformed.

Investment Analysis

(EX23 area)

Above Market Value

This property is priced +63.6% above area average per sq ft

+63.6%
This Property
£574/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£265
Avg Yield
3.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£265,561
10% above area average per sq ft
Potential ROI
-36.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX23)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -2.0%
5 year growth: 11.1%
Investment Disclaimer: Analysis based on EX23 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

Atlantic Close, Bude EX23
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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
£1,447
Based on a loan of £296,250 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