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

Hillsborough Park Road, Ilfracombe, Devon, EX34

South West

£450,000
Listed on 24/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1593 sqft

Description

This four-bedroom end-terrace home represents a unique development opportunity, situated in an elevated and tranquil part of Ilfracombe. With full planning permission for the construction of an additional detached dwelling within the expansive rear garden, this property caters to both family living and investment potential. The well-kept interior features a light-filled entrance hall, an ample living room, and a dining area that opens onto a decked terrace, perfect for gatherings. The ground floor also includes a functional WC and a garage currently utilized as a utility space. Upstairs, you will find three generous double bedrooms alongside a single bedroom; the main suite features its own modern en-suite shower room and walk-in wardrobe. A stylish family bathroom adds convenience for the rest of the household. Gas central heating and double glazing ensure comfort year-round. The extensive rear garden provides significant landscaping opportunities with its terraced layout and access to stunning views, enhancing outdoor living spaces with additional seating options on both decked and patio areas. Beneath the house is a sizable storage area ideal for bikes or gardening tools. The planning permission allows for an innovative new build that integrates harmoniously with its surroundings while maintaining spectacular views—an ideal prospect for investors looking to create rental income or families seeking multi-generational accommodation. 10 Hillsborough Park Road stands out as a rare blend of comfortable family living coupled with substantial renovation and development possibilities in one of Ilfracombe’s sought-after locations.

Investment Analysis

(EX34 area)

Below Market Value

This property is priced -0.8% below area average per sq ft

-0.8%
Potential saving
This Property
£282/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£184
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£499,230
10% above area average per sq ft
Potential ROI
-7.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (EX34)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -6.7%
5 year growth: +5.1%
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

Hillsborough Park Road, Ilfracombe, Devon, EX34
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% 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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