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Meddon Street, Bideford

South West

£120,000
Listed on 12/10/2025

Property Details

Bedrooms
2
Type
Terraced
Area
570 sqft

Description

This two-bedroom terraced cottage presents an excellent opportunity for renovation enthusiasts and first-time buyers alike, conveniently located within a short walk of the vibrant town centre of Bideford. The property is in need of modernisation, giving new owners the chance to inject their personal style and preferences throughout. With UPVC double glazing already installed, the home ensures a degree of energy efficiency while offering an enclosed rear garden that serves as a blank canvas for landscaping or gardening projects—ideal for creating your own outdoor retreat, albeit with limited privacy. Whether you're looking to make this your starter home or searching for a property with investment potential, this cottage stands out as a promising option. Notably, there's no onward chain, simplifying the purchasing process.

Investment Analysis

(EX39 area)

Below Market Value

This property is priced -31.6% below area average per sq ft

-31.6%
Potential saving
This Property
£211/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£214
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£192,991
10% above area average per sq ft
Potential ROI
+20.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -13.9%
5 year growth: +11.4%
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

Meddon Street, Bideford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£433
Based on a loan of £90,000 over 30 years at 4.06% 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

-7.7% since listed
£120,000£10,000(-7.7%)
18/10/2025
Current price
£130,000Initial listing
12/10/2025

Next Steps

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