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Richmond Park, Northam, Bideford

South West

£495,000
Listed on 10/06/2025

Property Details

Bedrooms
4
Type
Bungalow

Description

Nestled in a tranquil and desirable village on the outskirts of Westward Ho!, this expansive four-bedroom detached bungalow presents an appealing opportunity for both comfortable living and future enhancements. Set on a substantial corner plot spanning a quarter-acre, the property boasts a striking west-facing garden, perfect for those who enjoy outdoor activities and entertaining. The generous driveway allows for ample parking, including space suitable for larger vehicles, and leads to a double garage that offers exciting potential for conversion into additional living space or an annexe, pending necessary planning approvals. Internally, while the home is currently well-maintained with light and neutral decor creating an inviting environment, there is significant scope for modernization and personal customization to maximize its investment value. The spacious dual-aspect lounge provides abundant natural light and seamlessly connects to a dedicated dining area with double doors leading out to the garden. The kitchen, fitted with contemporary units including a Range-style cooker, serves as both a functional cooking area and space for social gatherings. The home features four generous double bedrooms, highlighted by a master suite with patio doors accessing the rear garden—a feature that enhances connectivity between indoor and outdoor spaces. A contemporary shower room includes a sleek walk-in enclosure along with essential amenities like a WC and wash basin, while an additional cloakroom offers added convenience. The exterior is equally compelling; the front lawn is beautifully landscaped with vibrant flower borders, enhancing curb appeal. The rear garden stands out with its level lawn, mature hedgerows, and designated vegetable patch complete with greenhouse—ideal for gardening enthusiasts. Additionally, there’s a workshop/home office space catering to hobbies or remote work needs. The adjoining timber deck terrace invites alfresco dining amidst charming balustrades. Conveniently located near Westward Ho!, local amenities such as shops, pubs, restaurants, and leisure facilities are easily accessible. Enthusiasts of outdoor activities will appreciate proximity to the Royal North Devon Golf Club as well as scenic walks along Northam Burrows and the South West Coast Path. With excellent local schools nearby and easy access to Bideford and Barnstaple, this property suits families or retirees seeking a serene coastal lifestyle. This bungalow not only stands out due to its size but also offers substantial potential for renovation or extension—making it an attractive option for investors looking to capitalize on coastal living while ensuring proximity to essential services.

Investment Analysis

(EX39 area)
Area Average
£307/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by -8.4% over the last 12 months
3 year growth: -17.0%
5 year growth: +5.8%
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

Richmond Park, Northam, Bideford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,753
Based on a loan of £371,250 over 30 years at 3.91% 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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