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Mill Street, Bideford

South West

£200,000
Listed on 10/02/2026

Property Details

Bedrooms
5
Type
Semi-detached house

Description

This property presents a noteworthy opportunity for redevelopment in the vibrant heart of Bideford. Currently functioning as a fish and chip shop with associated managerial accommodation, it is primed for transformation with approved planning permission to shift its use to a flexible Class E commercial space alongside two self-contained flats. Positioned on a highly visible corner site, the premises benefits from access to a range of local amenities, including independent shops, eateries, and cultural venues which contribute to Bideford's lively atmosphere. The upper levels currently serve as a maisonette that requires refurbishment but has received consent for conversion into two distinct apartments, increasing its rental yield potential or value in the local market. The ground floor retains its commercial appeal with an established history as a restaurant and take-away, making it suitable for various business opportunities. As Bideford continues to expand with new housing and commercial projects underway, this property not only stands to benefit from its location but also offers considerable investment potential through thoughtful renovation.

Investment Analysis

(EX39 area)
Area Average
£307/sq ft
Avg Rent (weekly)
£216
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by -2.4% over the last 12 months
3 year growth: -13.5%
5 year growth: +13.4%
Investment Disclaimer: Analysis based on EX39 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

Mill Street, Bideford
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 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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