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Chambercombe Park Road, Ilfracombe, EX34 - Image 1
Chambercombe Park Road, Ilfracombe, EX34 - Image 2
Chambercombe Park Road, Ilfracombe, EX34 - Image 3
Chambercombe Park Road, Ilfracombe, EX34 - Image 4
Chambercombe Park Road, Ilfracombe, EX34 - Image 5

Chambercombe Park Road, Ilfracombe, EX34

South West

£495,000
Listed on 01/06/2025

Property Details

Bedrooms
6
Type
Semi-detached house
Area
1550 sqft

Description

This impressive six-bedroom Edwardian home, situated in the picturesque Chambercombe area of Ilfracombe, presents a unique opportunity for renovation and investment. While the property showcases many original features that reflect its storied past, there is ample scope for modern enhancements to elevate it further. The residence is positioned to take advantage of stunning views over the rolling North Devon countryside, with hints of the coast visible in the distance. Located just half a mile from both Hele Beach and the charming harbour, it offers not only breathtaking scenery but also easy access to local amenities and recreational activities. Upon entering, you are greeted by an expansive hallway adorned with Minton Hollins tiles and a traditional oak door with stained glass accents. The spacious sitting room is designed for comfort, featuring locally crafted windows that frame the valley views. Traditional elements such as a wood-burning stove and intricate fireplaces are complemented by high ceilings and polished wooden floors. The kitchen serves as a functional yet inviting space, complete with classic fixtures like an Aga oven and Belfast sink. Although it currently exudes rustic charm, there's potential for upgrades that could transform it into a contemporary culinary haven. The first floor accommodates four well-proportioned bedrooms, each retaining classic features such as character fireplaces. The family bathroom reflects the era’s style while offering an opportunity for modernization with period-inspired fixtures. The top floor reveals two additional bedrooms with captivating views, along with a shower room that could be easily updated. Outside, the rear garden presents a tranquil retreat with charming landscaping and a Victorian-style patio. A hidden gate allows direct access to Hele Bay, making it perfect for beachgoers and nature enthusiasts alike. Additionally, beneath the main structure lies a substantial cellar space ripe for conversion into extra living quarters or rental opportunities—subject to appropriate consents. Connectivity is enhanced by all main services being available along with ultra-fast broadband through 5G networks—balancing historical appeal with modern necessities. Ilfracombe itself boasts an eclectic mix of shops, eateries, and artistic venues alongside its vibrant harbour area. North Devon is renowned for its stunning beaches and outdoor activities including surfing at nearby designated reserves and exploring Exmoor National Park's rich natural beauty. With Barnstaple just 12 miles away providing extensive shopping and transport links, this property combines peaceful living with convenient access to major hubs. This home not only retains its historic charm but also offers significant potential for those looking to invest in renovation projects within one of North Devon’s most sought-after locations.

Investment Analysis

(EX34 area)

Above Market Value

This property is priced +14.8% above area average per sq ft

+14.8%
This Property
£319/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£220
Avg Yield
3.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£200,000 - £300,000
Target Value
£474,161
10% above area average per sq ft
Potential ROI
-40.4%
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

Chambercombe Park Road, Ilfracombe, 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
£1,813
Based on a loan of £371,250 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