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Northfield Terrace, Ilfracombe, Devon, EX34 - Image 1
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Northfield Terrace, Ilfracombe, Devon, EX34 - Image 3
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Northfield Terrace, Ilfracombe, Devon, EX34 - Image 5
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Northfield Terrace, Ilfracombe, Devon, EX34 - Image 8
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Northfield Terrace, Ilfracombe, Devon, EX34 - Image 11

Northfield Terrace, Ilfracombe, Devon, EX34

South West

£190,000
Listed on 13/10/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
1109 sqft

Description

This mid-terrace home offers a substantial five-bedroom layout spread across three levels, presenting a unique opportunity for those interested in a renovation project or an investment venture. Situated just a short walk from the bustling heart of Ilfracombe, residents will benefit from easy access to local amenities and the vibrant community atmosphere. The ground floor features a spacious lounge complete with low-maintenance flooring and a characterful fireplace, creating a welcoming space for relaxation. Adjacent to the lounge is the separate dining room, which also showcases a charming fireplace and built-in storage cupboards that add both character and functionality. The kitchen, while compact, provides access to a private rear courtyard along with an outside WC, enhancing practical living spaces. Moving upstairs to the first floor, you'll find two well-sized double bedrooms—one conveniently housing the gas boiler—as well as a single bedroom, which could serve various purposes such as a nursery, home office, or guest accommodation. A recently upgraded modern wet room adds value and convenience on this level with its contemporary shower facilities. The second floor accommodates two additional smaller bedrooms that could be utilized as children’s rooms or converted into storage or hobby spaces. Although the property requires modernization throughout, it holds significant potential for buyers eager to invest time and resources into transforming it into a personalized family home or rental investment. With its prime location and sizable layout, this property is not just an opportunity for immediate living but also presents long-term value for those looking to capitalize on the growing demand in the area.

Investment Analysis

(EX34 area)

Below Market Value

This property is priced -39.2% below area average per sq ft

-39.2%
Potential saving
This Property
£171/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£343,890
10% above area average per sq ft
Potential ROI
+27.4%
After renovation
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
12%
Properties sold annually

Local Market Trend (EX34)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -7.6%
5 year growth: 9.4%
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

Northfield Terrace, Ilfracombe, Devon, EX34
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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
£696
Based on a loan of £142,500 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