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Portledge Place, Fairy Cross, Bideford, Devon, EX39 - Image 1
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Portledge Place, Fairy Cross, Bideford, Devon, EX39 - Image 3
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Portledge Place, Fairy Cross, Bideford, Devon, EX39 - Image 9
Portledge Place, Fairy Cross, Bideford, Devon, EX39 - Image 10
Portledge Place, Fairy Cross, Bideford, Devon, EX39 - Image 11

Portledge Place, Fairy Cross, Bideford, Devon, EX39

South West

£299,950
Listed on 19/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1206 sqft

Description

Nestled in the tranquil village of Fairy Cross, this two-bedroom detached bungalow presents a promising opportunity for renovation and investment. The property occupies a generous plot, making it an ideal canvas for those looking to add personal touches or enhancements. Upon entry, you are greeted by a spacious hallway that leads to the main living areas. The dual aspect sitting room is bright and welcoming, offering views over the side garden while providing ample space for various seating arrangements. This room could be further enhanced with modern updates to suit your style. Adjacent to the sitting room is a kitchen that, while functional, offers potential for modernization. It provides direct access to a utility room and rear entry to the garage, which can serve as additional storage or accommodate laundry appliances. The property's current layout includes two good-sized double bedrooms, both with fitted wardrobes. Additionally, there is a flexible room currently functioning as a dining area that could easily be repurposed into a third bedroom, home office, or creative space depending on your needs. The family bathroom requires updating but has practical features that could be reimagined into a contemporary design reflecting modern preferences. Outside, the property shines with an enclosed rear garden bordered by mature trees and vibrant planting, creating a serene outdoor retreat perfect for relaxation or entertaining guests. A substantial stone patio extends from the back of the house, providing an excellent space for outdoor furnishings. Furthermore, an additional side garden area holds potential for landscaping or expansion possibilities (subject to planning approval). This bungalow demands thorough modernization but stands as an excellent prospect for creating a bespoke home in this sought-after North Devon village. It is conveniently located just a short drive from Bideford's amenities and is within easy reach of stunning coastal areas—making it not only suitable for habitation but also potentially lucrative as a rental investment with estimated rental income around £1,000 per month.

Investment Analysis

(EX39 area)

Below Market Value

This property is priced -17.2% below area average per sq ft

-17.2%
Potential saving
This Property
£249/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£398,378
10% above area average per sq ft
Potential ROI
+17.2%
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

Portledge Place, Fairy Cross, Bideford, Devon, EX39
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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
£1,099
Based on a loan of £224,962 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