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Myrtle Grove, Bideford

South West

£165,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1066 sqft

Description

This mid-terraced 3-bedroom house presents an exciting opportunity for renovation enthusiasts or investors seeking a property with potential. While the home requires some updating, it boasts generous living space that can easily be transformed to suit modern preferences. The ground floor features two spacious reception rooms, including a front room with a charming bay window that adds character to the space. The dining area offers a fireplace and overlooks the rear garden, creating a pleasant setting for family meals or entertaining. The kitchen, which is in need of modernization, has a window that provides a view of the garden, making it ideal for future updates tailored to your taste. Upstairs, you’ll find three bedrooms, including a well-sized master bedroom positioned at the front of the house. These rooms provide ample accommodation and flexibility for reconfiguration according to your needs. The bathroom is fully tiled and includes essential amenities. The exterior includes a small paved area at the front and a fully enclosed rear garden accessible via steps from the back door. This outdoor space offers potential for landscaping or creating an outdoor retreat. Additionally, there is useful storage located beneath the kitchen that can serve various purposes. Situated on Myrtle Grove—a quiet no-through road—the property benefits from its proximity to Bideford town center and its rich array of local amenities such as schools, banks, and recreational facilities. The nearby coastal resort of Westward Ho! is known for its sandy surfing beach, while the picturesque village of Appledore adds charm to the location. For those commuting or seeking more extensive services, Barnstaple is approximately 10 miles away. This property offers a blank canvas for those looking to invest in an area with growth potential while allowing new owners to personalize it according to their vision. With thoughtful renovations, this home could become an inviting residence in a desirable neighborhood.

Investment Analysis

(EX39 area)

Below Market Value

This property is priced -48.5% below area average per sq ft

-48.5%
Potential saving
This Property
£155/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£352,132
10% above area average per sq ft
Potential ROI
+80.6%
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

Myrtle 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
£604
Based on a loan of £123,750 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