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Lee Road, Lynton

South West

£225,000
Listed on 30/08/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1194 sqft

Description

This three-bedroom property presents a solid foundation for renovation, with its traditional layout offering ample potential for modernization and customization to suit personal tastes. Upon entering, you're greeted by a living room that boasts two double-glazed windows at the front, allowing natural light to fill the space. The fitted carpet provides a cozy ambiance, while the storage heaters ensure warmth during colder months. This room leads into the kitchen/diner, which features a large window overlooking the south-facing garden and offers a straightforward arrangement of wall and base units that can easily be updated. Equipped with an eye-level electric oven and a four-ring ceramic hob, this area invites the possibility of contemporary improvements. The rear hallway includes bi-folding doors that conveniently connect to the separate WC and provide access to additional storage in the pantry or understairs cupboard. Upstairs, the first floor comprises three bedrooms, each equipped with fitted carpets and double-glazed windows. The layout allows for reconfiguration if desired—such as merging bedrooms or creating an en-suite facility—providing flexibility for future development. The property’s bathroom is fully tiled and features an electric shower, presenting another opportunity for enhancement. Outside, the garden offers a mixture of paved patio space and lawn areas surrounded by mature shrubs. A small fishpond adds character, while access to both a basement workshop and storage area further enhances functionality. Located within walking distance of local amenities such as shops, cafés, schools, and public transportation ensures convenience for residents. The picturesque village of Lynton shares its charm with Lynyouth Coast Path nearby; perfect for those who enjoy outdoor activities or exploring coastal trails. For investors or those looking to make their mark on a property in an attractive location, this house offers significant potential for improvement in both living quality and value appreciation over time. With easy access to larger towns like Ilfracombe and Barnstaple, as well as renowned beaches about 45 minutes away by car, this home is ideally positioned for both leisure and convenience in North Devon.

Investment Analysis

(EX35 area)

Below Market Value

This property is priced -40.1% below area average per sq ft

-40.1%
Potential saving
This Property
£188/sq ft
Area Average
£314/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£412,999
10% above area average per sq ft
Potential ROI
+62.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Market Turnover
%
Properties sold annually

Local Market Trend (EX35)

Area prices are falling by +100.0% over the last 12 months
3 year growth: -100.0%
5 year growth: -100.0%
Investment Disclaimer: Analysis based on EX35 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

Lee Road, Lynton
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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
£824
Based on a loan of £168,750 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