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Woolacombe, North Devon

South West

£925,000
Listed on 30/12/2025

Property Details

Bedrooms
6
Type
Detached house

Description

Nestled above Woolacombe, this substantial family home known as The Cedars is a unique investment opportunity with untapped renovation potential. Although it was redesigned and modernized in 2021, the property maintains areas that could benefit from further enhancement, particularly in the expansive outdoor spaces and the detached one-bedroom annexe, which offers versatility for additional guest accommodation or rental income. With contemporary interiors throughout and ample living space including five bedrooms in the main house, there lies potential to enhance its appeal further, especially considering its prime coastal position. The property features an inviting open-plan kitchen/dining/living area, complemented by landscaped gardens that often require upkeep and innovation to maximize their use as entertainment spaces. Whether you envision expanding the annexe for greater rental potential or enhancing the garden to create an idyllic retreat, The Cedars offers a canvas for your imagination amidst breathtaking views of countryside and coast.

Investment Analysis

(EX34 area)
Area Average
£278/sq ft
Avg Rent (weekly)
£220
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
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
6%
Properties sold annually

Local Market Trend (EX34)

Area prices are falling by +4.6% over the last 12 months
3 year growth: -11.9%
5 year growth: 6.3%
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

Woolacombe, North Devon
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Mortgage Calculator

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£
£
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%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,389
Based on a loan of £693,750 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