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Hangman Path, Combe Martin, Ilfracombe, Devon, EX34 - Image 1
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Hangman Path, Combe Martin, Ilfracombe, Devon, EX34

South West

£415,000
Listed on 28/09/2025

Property Details

Bedrooms
8
Type
Detached house
Area
3028 sqft

Description

This remarkable 10-bedroom detached property, originally built in the mid-1930s, is located in the desirable area of Combe Martin. It features a unique layout that has previously functioned as three separate apartments, offering substantial versatility for potential buyers. Whether you envision this space as a grand family residence or as multiple living units to accommodate multigenerational families or rental opportunities, the possibilities are extensive. The house retains a wealth of character with original features like the entrance porch and stained glass, while also benefitting from modern conveniences such as double-glazed windows and gas central heating for year-round comfort. Off-street parking is available through a private driveway that includes an electric vehicle charging point. Internally, the ground floor boasts an expansive lounge, a well-equipped kitchen, utility room, wet room, separate WC, dining room, and two bedrooms—providing ample space for various arrangements including home offices or playrooms. The layout continues on the first floor with another lounge, kitchen area, dining space, three additional bedrooms, and a family bathroom. The upper level offers five more bedrooms along with another lounge area and bathroom—ideal for large families or shared living situations. Outside, the property features an easy-to-maintain front garden and side access to the rear. The enclosed courtyard and patio at the back provide a private retreat perfect for relaxation and social gatherings while showcasing lovely views of Combe Martin. This outdoor area can also be further enhanced through landscaping or development projects. Overall, this property holds tremendous renovation potential that harmonizes historical charm with modern living requirements in an attractive location. Early viewing is encouraged to fully grasp the investment possibilities at hand.

Investment Analysis

(EX34 area)

Below Market Value

This property is priced -51.9% below area average per sq ft

-51.9%
Potential saving
This Property
£137/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£184
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£948,945
10% above area average per sq ft
Potential ROI
+77.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (EX34)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -6.7%
5 year growth: +5.1%
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

Hangman Path, Combe Martin, Ilfracombe, Devon, EX34
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,497
Based on a loan of £311,250 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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