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Mines Road, Bideford

South West

£750,000
Listed on 23/05/2025

Property Details

Bedrooms
5
Type
Detached
Area
2288 sqft

Description

Chapel Park presents a unique opportunity to acquire a historic Victorian residence, sitting on approximately 0.8 acres of well-maintained grounds near the port town of Bideford. Originally built in the 1870s, this Georgian-style home is not listed, allowing potential owners the flexibility to make significant updates and improvements while preserving its character. The property boasts impressive architectural features, including high ceilings and spacious living areas flooded with natural light, ideal for creating modern living spaces. The interior offers substantial scope for renovation, particularly in the traditional kitchen and utility area, which could be transformed to enhance functionality. A detached triple garage provides ample storage or the possibility of conversion into additional living space, subject to planning permissions. The external stone outbuildings hold further potential for transformation into income-generating holiday cottages or ancillary accommodation. With its commanding position and extensive gardens that provide privacy and panoramic views, this property is suitable for families seeking a prestigious home or investors looking to capitalize on its renovation possibilities. Chapel Park represents a blend of historical charm and exciting future potential.

Investment Analysis

(EX39 area)

Above Market Value

This property is priced +6.7% above area average per sq ft

+6.7%
This Property
£328/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£773,538
10% above area average per sq ft
Potential ROI
-11.1%
After renovation
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
6%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by -8.4% over the last 12 months
3 year growth: -17.0%
5 year growth: +5.8%
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

Mines Road, Bideford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,656
Based on a loan of £562,500 over 30 years at 3.91% 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.

Price History

-6.1% since listed
£750,000£49,000(-6.1%)
05/03/2026
Current price
£799,000Initial listing
12/10/2025

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