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New Road, Instow

South West

£595,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1798 sqft

Description

Nestled along New Road, just a short 10-minute stroll from the stunning coastline, this three-bedroom split-level detached bungalow presents a unique opportunity for renovation enthusiasts and investors alike. With a solid foundation enhanced by uPVC double glazing and gas-fired central heating, the property is primed for modern updates that will enhance its appeal in this sought-after location. While the home requires general modernization, it offers significant potential to transform the existing layout into a contemporary living space tailored to individual tastes. The lower-level lounge features a charming fireplace and an adjoining conservatory that invites natural light while offering views of the surrounding countryside and distant river. The kitchen comes equipped with an adjoining dining area, alongside practical utility and storage spaces. Each of the three generously sized double bedrooms is served by a family bathroom and an additional "Jack & Jill" en-suite, making it suitable for families or guests. Outside, a sweeping driveway leads to a double garage and extra parking space, while established flower beds and shrubbery create a tranquil atmosphere in the garden's rustic wooded area. The front of the property boasts a south-facing patio area perfect for enjoying sunny days, complemented by a summerhouse and various mature shrubs and trees that enhance privacy and curb appeal. Local amenities are plentiful, featuring well-established pubs, restaurants, John's Deli & Coffee Shop, as well as access to the yacht club and scenic Tarka Trail for walking and cycling enthusiasts. The proximity to both sandy beaches and vibrant community hubs further elevates its desirability. Whether you envision implementing standard refurbishments or undertaking an ambitious redesign, this property offers an exceptional canvas for creating your ideal home in North Devon. This is a promising investment opportunity with no onward chain, inviting you to explore its potential at your own pace.

Investment Analysis

(EX39 area)

Above Market Value

This property is priced +10.2% above area average per sq ft

+10.2%
This Property
£331/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£593,933
10% above area average per sq ft
Potential ROI
-9.3%
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
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

New Road, Instow
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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
£2,180
Based on a loan of £446,250 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