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Parkham, Bideford

South West

£475,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Nestled in the picturesque village of Parkham, this charming three-bedroom detached cottage presents a unique opportunity for renovation and investment. The property features an appealing blend of traditional character and modern amenities, including UPVC double glazing and a recently upgraded boiler. While it retains its cozy cottage atmosphere, there is significant potential to enhance its appeal further. The inclusion of a 0.81-acre paddock divided into two sections adds to its versatility, ideal for equestrian enthusiasts or those considering smallholding projects, boutique glamping ventures, or other rural business opportunities. The accompanying range of outbuildings and barns offers excellent scope for development, subject to planning permissions, allowing for creative expansions or conversions to suit various needs. The beautifully maintained gardens provide serene outdoor spaces with mature planting and charming pathways leading to a secluded garden retreat. Inside, the cottage showcases inviting reception rooms with log-burning stoves that could be further updated to create even more inviting family spaces. The spacious kitchen includes a utility room that enhances functionality, while the upper floor accommodates two generous bedrooms and a smaller single room filled with natural light, served by a large modern bathroom. Located in a friendly Devon village known for its vibrant community spirit and surrounded by stunning countryside ideal for outdoor pursuits, this property promises both peaceful living and strong commuting links to nearby towns like Bideford and Great Torrington. This residence not only makes for an idyllic home but also offers intriguing renovation prospects that can significantly increase its value in this desirable region.

Investment Analysis

(EX39 area)
Area Average
£300/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
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

Parkham, 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
£1,740
Based on a loan of £356,250 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