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Croft Lees, Berrynarbor, Ilfracombe

South West

£100,000
Listed on 25/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This end-of-terrace house presents an appealing opportunity for cash buyers looking to invest in a renovation project. Located in a tranquil area, the property is currently in need of significant refurbishment, making it ideal for those with a vision for transformation. The existing layout features two bedrooms, a single bathroom, a reception room, and a kitchen, all of which could be enhanced to create a modern living space. In addition to these amenities, the property includes a garage and parking—an uncommon feature in this area. One standout aspect is the potential for extension; with the appropriate planning permissions, there are opportunities to expand the living space. The generous garden offers ample room for future landscaping or outdoor entertaining while providing scenic views across the Bristol Channel. This property is truly a canvas awaiting your personal touch, allowing you to design and develop it into your ideal home. It represents a distinctive chance to create something special tailored to your tastes and lifestyle. Please note that sealed bids must be submitted by midday on 15th December 2024.

Investment Analysis

(EX34 area)
Area Average
£278/sq ft
Avg Rent (weekly)
£220
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Croft Lees, Berrynarbor, Ilfracombe
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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
£366
Based on a loan of £75,000 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE