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Albert Villas, Ilfracombe, Devon, EX34

South West

£180,000
Listed on 13/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house

Description

This four-bedroom semi-detached home, spanning three levels, presents a unique opportunity for those interested in a renovation project or an investment venture. Positioned in a quiet cul-de-sac, the property is conveniently located near the seafront and local amenities, including shops, restaurants, and bars. The ground floor features an entrance hall leading to a generous 21-foot lounge/diner, an inner hallway, a kitchen, and a bathroom. Ascending to the first floor, you'll find two bedrooms accompanied by a shower room. The second floor also hosts two additional bedrooms, bringing the total to four. Moreover, there is access to a spacious loft room with a dormer window that could be converted into further living space if desired. The property is situated within an enclosed area shared with just two other homes and is accessed via double wrought iron gates from Mill Head. There's also an established right of access across the driveway for neighboring properties. A small tarmacked amenity space lies immediately at the front, enhancing the overall appeal of the setting. Currently in need of modernisation and repair, this residence offers significant potential for improvement and personalisation to create a comfortable family home or rental investment. Additionally, there is no onward chain associated with this property, simplifying the purchasing process for interested buyers.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
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

Albert Villas, Ilfracombe, Devon, EX34
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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
£659
Based on a loan of £135,000 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.

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