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Woolacombe With Ocean Views

South West

£625,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached three-bedroom bungalow presents a rare opportunity for those looking to invest in a property with substantial renovation potential. Nestled on a generously sized corner plot, this home boasts breathtaking ocean views, enhancing its appeal and value. The property is currently in need of modernization, making it an ideal candidate for those wishing to put their own stamp on it and create a truly exceptional residence. With ample space available (subject to planning permission), there is significant scope to extend the living areas and capitalize on the stunning surroundings. Built by Messers. Lovell Homes using traditional cavity construction methods, the bungalow features rendered elevations under a durable concrete interlocking tiled roof. While the interior may require updating, it remains functional and livable, allowing for immediate occupation while renovations are undertaken. The expansive side garden is overgrown but offers exciting possibilities for enhancement, potentially transforming this property into one of the finest homes in Chichester Park. Additionally, the location is prime; situated in Woolacombe—a coastal village renowned for its beautiful sandy beaches and vibrant local amenities—ensuring that any improvements made will not only enhance your living experience but also increase property value significantly. Nearby facilities include primary schooling, shops, eateries, and access to outdoor activities that attract both locals and tourists alike.

Investment Analysis

(EX34 area)
Area Average
£285/sq ft
Avg Rent (weekly)
£198
Avg Yield
3.4%

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
19
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (EX34)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -9.3%
5 year growth: +3.2%
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

Woolacombe With Ocean Views
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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
£2,254
Based on a loan of £468,750 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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