Worst House on the Street Logo
Torrs Park, Ilfracombe - Image 1
Torrs Park, Ilfracombe - Image 2
Torrs Park, Ilfracombe - Image 3
Torrs Park, Ilfracombe - Image 4
Torrs Park, Ilfracombe - Image 5
Torrs Park, Ilfracombe - Image 6
Torrs Park, Ilfracombe - Image 7
Torrs Park, Ilfracombe - Image 8
Torrs Park, Ilfracombe - Image 9
Torrs Park, Ilfracombe - Image 10
Torrs Park, Ilfracombe - Image 11

Torrs Park, Ilfracombe

South West

£895,000
Listed on 14/03/2025

Property Details

Bedrooms
11
Type
Detached

Description

This striking detached period residence offers a substantial investment opportunity in the sought-after coastal town of Ilfracombe. Perched in an elevated position, the property boasts magnificent sea views and has undergone extensive renovations, including upgrades to key infrastructures like the roof and heating system. Currently utilized as a wellness retreat and guesthouse, it presents multiple avenues for further development, subject to necessary planning permissions. The generous layout features numerous reception areas, eleven bedrooms – many with en suite facilities – and an impressive outbuilding that opens up potential for additional accommodation or amenities. Originally constructed in 1872 and thoughtfully restored to preserve its historic charm, this Gothic mansion retains many architectural details such as high ceilings, large windows, and intricate cornicing. The expansive grounds provide ample parking and tiered gardens that enhance the property's appeal. Conveniently located near local amenities and scenic attractions, this home not only serves as a private residence but also as a lucrative business opportunity with potential income generation. Its versatility makes it ideal for buyers looking to invest in a unique property with significant growth potential.

Investment Analysis

(EX34 area)
Area Average
£286/sq ft
Avg Rent (weekly)
£190
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EX34)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -8.5%
5 year growth: +2.1%
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

Torrs Park, Ilfracombe
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,170
Based on a loan of £671,250 over 30 years at 3.91% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates