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Fore Street, Ilfracombe

South West

£290,000
Listed on 24/10/2025

Property Details

Bedrooms
6
Type
Terraced house

Description

This spacious six-bedroom residence is ideally situated near Ilfracombe Harbor and the town center, offering a significant opportunity for renovation and investment. Spanning four levels, the home features a well-thought-out layout that combines both character and practical living spaces. The open plan lounge and dining area serves as the core of the home, providing ample natural light and a welcoming atmosphere. This space flows into a generously sized fitted kitchen, perfect for accommodating family meals or gatherings. Additional functional areas include a utility room with a WC, a shower room, and a family bathroom, enhancing the property's versatility for larger households or guests. Outside, the manageable rear garden enjoys abundant sunlight, providing an ideal outdoor space to unwind. It boasts tiered lawns and planting areas along with a patio area suitable for alfresco dining. A workshop offers potential for additional storage or creative projects. While some modernization is necessary throughout the property, this presents an excellent chance to enhance its appeal and transform it into a remarkable coastal retreat just steps away from the water. The surrounding area of Ilfracombe is vibrant, featuring an array of independent shops, art galleries, restaurants, and bars that contribute to its unique charm. The harbor area not only showcases Damien Hirst's notable ‘Verity’ statue but has also seen recent developments such as a new water sports center and café, making it an engaging hub for both residents and visitors. With North Devon's stunning sandy beaches just a short distance away—recognized as one of only twelve world surfing reserves—this location caters to both outdoor enthusiasts and those seeking leisure by the coast. The property is offered with no onward chain, presenting a rare opportunity to acquire a sizable home in one of Ilfracombe’s most sought-after locations with significant potential for enhancement.

Investment Analysis

(EX34 area)
Area Average
£281/sq ft
Avg Rent (weekly)
£187
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (EX34)

Area prices are falling by +4.6% over the last 12 months
3 year growth: -10.3%
5 year growth: 9.3%
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.

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Location

Fore Street, Ilfracombe
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