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Glenfield Road, Bideford, Devon

South West

£450,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
4551 sqft

Description

This property presents a unique opportunity in Bideford, previously serving as a builder’s workshop and offices. It has been thoughtfully converted into a residential format featuring three bedrooms and three reception areas, making it suitable for current living needs while offering considerable potential for renovation or investment. Occupying over 1,500 sq. ft., the property includes a substantial garage/workshop that is equipped with power, lighting, and water access. The layout of the home is flexible, with ample space in the reception rooms and a master bedroom complete with an en-suite bathroom. A family bathroom services the other bedrooms, ensuring convenience for all residents. Outside, the property boasts an enclosed forecourt providing generous parking spaces and an enclosed side garden. Additionally, there are six secure lock-up garages included, which can be utilized for storage or rented out to generate extra income. Current planning permissions allow for the conversion of the existing structure into three self-contained residential units above these garages, presenting a ready-made development project for investors looking to capitalize on this area. The location enhances its appeal further; it is within walking distance of Bideford Town Centre, where residents can enjoy local shops, cafes, schools, and essential amenities. Access to scenic riverside walks and public transport links is also convenient. For those who appreciate outdoor recreation, the sandy beach at Westward Ho! and golf facilities are merely three miles away, while the A39 provides straightforward routes to Barnstaple and beyond. This property not only offers potential as a spacious family home with extensive workshop space but also stands out as an attractive investment opportunity due to its existing permissions for conversion and its prime location in a growing community.

Investment Analysis

(EX39 area)

Below Market Value

This property is priced -67.1% below area average per sq ft

-67.1%
Potential saving
This Property
£99/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,503,332
10% above area average per sq ft
Potential ROI
+178.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Glenfield Road, Bideford, Devon
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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
£1,648
Based on a loan of £337,500 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