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Elm Grove, Bideford

South West

£205,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This end-terraced bungalow presents a unique opportunity for those looking to invest in a property with significant renovation potential. Nestled within a spacious corner plot, this two-bedroom home is situated in a desirable residential area, offering the perfect canvas for personal customization and modern updates. The property features an entrance hall that leads into a generously sized lounge, which benefits from a large bay window that fills the room with natural light. Adjacent is the kitchen located at the rear of the home, providing views of the garden and access to a conservatory. This sunroom serves as an additional living space and offers convenient side access to the outdoor area. Both bedrooms are well-proportioned, with the master bedroom measuring 3.29m x 3.09m, offering ample room for furnishings. The second bedroom is equally spacious, making it suitable for various uses or guest accommodations. A functional bathroom includes essential fixtures while also housing an airing cupboard. The outdoor space stands out due to its expansive size, presenting numerous possibilities for those interested in gardening or landscaping projects. The front garden is laid to lawn and accessible via a gently sloping path, enhancing curb appeal. Located within easy reach of local schools and shops, this property is also just a short walk from Bideford town center, making it convenient for everyday amenities. With no onward chain, this bungalow invites prospective buyers to explore its full potential—whether as a comfortable family home or as a lucrative investment opportunity tailored to individual tastes and requirements.

Investment Analysis

(EX39 area)
Area Average
£300/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -10.2%
5 year growth: 16.0%
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

Elm Grove, Bideford
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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
£751
Based on a loan of £153,750 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